Looking to diversify beyond APHEX? The mutual funds below have the lowest correlation with APHEX — 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 APHEX.
Best Diversifiers for APHEX
2 mutual funds have low correlation with APHEX (below 0.3), 1 of which are negatively correlated. The least correlated is Artisan Global Unconstrained Fund (APFPX) (Nontraditional Bonds) with a 1Y correlation of -0.07, roughly unchanged from -0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Artisan Global Unconstrained Fund | -0.07 | -0.07 | — | 99 | Nontraditional Bonds | APHEX vs APFPX | |
| Parametric Commodity Strategy Fund Class I | 0.17 | 0.32 | 0.32 | 89 | Commodities | APHEX vs EIPCX | |
| Artisan High Income Fund | 0.37 | 0.40 | 0.45 | 51 | High Yield Bonds | APHEX vs ARTFX | |
| Artisan High Income Fund Class I | 0.39 | 0.40 | 0.45 | 53 | High Yield Bonds | APHEX vs APHFX | |
| Artisan Emerging Markets Debt Opportunities Fund | 0.52 | 0.49 | — | 96 | Emerging Markets Bonds | APHEX vs APFOX |
See all 34 diversifiers for APHEX
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