Looking to diversify beyond APGYX? The mutual funds below have the lowest correlation with APGYX — 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 APGYX.
Best Diversifiers for APGYX
15 mutual funds have low correlation with APGYX (below 0.3), 0 of which are negatively correlated. The least correlated is Cliffwater Corporate Lending Fund (CCLFX) (High Yield Bonds) with a 1Y correlation of 0.12, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.12 | 0.09 | 0.08 | 100 | High Yield Bonds | APGYX vs CCLFX | |
| AB High Income Municipal Portfolio | 0.16 | 0.10 | 0.12 | 62 | High Yield Muni | APGYX vs ABTYX | |
| AB Tax-Aware Fixed Income Opportunities Portfolio | 0.20 | 0.13 | 0.14 | 70 | Municipal Bonds | APGYX vs ATTYX | |
| AB Municipal Income Fund California Portfolio | 0.20 | 0.12 | 0.11 | 67 | Municipal Bonds | APGYX vs ALCAX | |
| AB Impact Municipal Income Shares | 0.20 | 0.13 | 0.14 | 71 | Municipal Bonds | APGYX vs ABIMX |
See all 59 diversifiers for APGYX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements APGYX
Add APGYX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with APGYX