Looking to diversify beyond APGAX? The mutual funds below have the lowest correlation with APGAX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from APGAX.
Best Diversifiers for APGAX
15 mutual funds have low correlation with APGAX (below 0.3), 0 of which are negatively correlated. The least correlated is AB Bond Inflation Strategy (ANBIX) (Inflation-Protected Bonds) with a 1Y correlation of 0.08, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AB Bond Inflation Strategy | 0.08 | 0.12 | 0.14 | 72 | Inflation-Protected Bonds | APGAX vs ANBIX | |
| AB Municipal Bond Inflation Strategy | 0.14 | 0.14 | 0.15 | 94 | Municipal Bonds | APGAX vs AUNYX | |
| AB High Income Municipal Portfolio | 0.17 | 0.10 | 0.12 | 51 | High Yield Muni | APGAX vs ABTYX | |
| AB Municipal Income Fund California Portfolio | 0.18 | 0.12 | 0.11 | 66 | Municipal Bonds | APGAX vs ALCAX | |
| AB Impact Municipal Income Shares | 0.18 | 0.13 | 0.13 | 66 | Municipal Bonds | APGAX vs ABIMX |
See all 53 diversifiers for APGAX
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