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
13 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 0.08, 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 | 70 | Inflation-Protected Bonds | APGZX vs ANBIX | |
| AB Municipal Bond Inflation Strategy | 0.14 | 0.14 | 0.15 | 93 | Municipal Bonds | APGZX vs AUNYX | |
| AB Municipal Income Fund New York Portfolio | 0.18 | 0.12 | 0.13 | 68 | Municipal Bonds | APGZX vs ALNYX | |
| AB Municipal Income Fund California Portfolio | 0.18 | 0.11 | 0.11 | 59 | Municipal Bonds | APGZX vs ALCAX | |
| AB Impact Municipal Income Shares | 0.18 | 0.12 | 0.13 | 60 | Municipal Bonds | APGZX vs ABIMX |
See all 62 diversifiers for APGZX
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