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
16 mutual funds have low correlation with APGYX (below 0.3), 1 of which are negatively correlated. The least correlated is MFS Commodity Strategy Fund (MCSFX) (Commodities) with a 1Y correlation of -0.03, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MFS Commodity Strategy Fund | -0.03 | 0.05 | 0.10 | 53 | Commodities | APGYX vs MCSFX | |
| Cliffwater Corporate Lending Fund | 0.15 | 0.10 | 0.09 | 100 | High Yield Bonds | APGYX vs CCLFX | |
| AB High Income Municipal Portfolio | 0.18 | 0.10 | 0.13 | 76 | High Yield Muni | APGYX vs ABTYX | |
| AB Municipal Income Fund California Portfolio | 0.21 | 0.12 | 0.12 | 73 | Municipal Bonds | APGYX vs ALCAX | |
| AB Tax-Aware Fixed Income Opportunities Portfolio | 0.21 | 0.14 | 0.15 | 76 | Municipal Bonds | APGYX vs ATTYX |
See all 63 diversifiers for APGYX
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