Looking to diversify beyond APGZX? The mutual funds below have the lowest correlation with APGZX — 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 APGZX.
Best Diversifiers for APGZX
15 mutual funds have low correlation with APGZX (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 0.15, 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 | 0.15 | 0.13 | 0.14 | 54 | Inflation-Protected Bonds | APGZX vs ANBIX | |
| AB High Income Municipal Portfolio | 0.17 | 0.10 | 0.12 | 64 | High Yield Muni | APGZX vs ABTYX | |
| AB Municipal Bond Inflation Strategy | 0.18 | 0.14 | 0.15 | 92 | Municipal Bonds | APGZX vs AUNYX | |
| AB Impact Municipal Income Shares | 0.19 | 0.12 | 0.13 | 70 | Municipal Bonds | APGZX vs ABIMX | |
| AB Tax-Aware Fixed Income Opportunities Portfolio | 0.20 | 0.13 | 0.14 | 69 | Municipal Bonds | APGZX vs ATTYX |
See all 71 diversifiers for APGZX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements APGZX
Add APGZX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with APGZX