Looking to diversify beyond APHFX? The mutual funds below have the lowest correlation with APHFX — 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 APHFX.
Best Diversifiers for APHFX
4 mutual funds have low correlation with APHFX (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 -0.23, roughly unchanged from -0.22 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Artisan Global Unconstrained Fund | -0.23 | -0.22 | — | 99 | Nontraditional Bonds | APHFX vs APFPX | |
| Cliffwater Corporate Lending Fund | 0.04 | 0.11 | 0.12 | 100 | High Yield Bonds | APHFX vs CCLFX | |
| Pioneer ILS Interval Fund | 0.05 | 0.08 | 0.06 | 100 | High Yield Bonds | APHFX vs XILSX | |
| RiverPark Short Term High Yield Fund | 0.20 | 0.17 | 0.25 | 100 | High Yield Bonds | APHFX vs RPHIX | |
| RiverPark Strategic Income Fund | 0.33 | 0.31 | 0.37 | 68 | High Yield Bonds | APHFX vs RSIIX |
See all 31 diversifiers for APHFX
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