Looking to diversify beyond APIMX? The mutual funds below have the lowest correlation with APIMX — 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 APIMX.
Best Diversifiers for APIMX
6 mutual funds have low correlation with APIMX (below 0.3), 0 of which are negatively correlated. The least correlated is Leader Short Term High Yield Bond Fund (LCCMX) (Short-Term Bond) with a 1Y correlation of 0.02, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leader Short Term High Yield Bond Fund | 0.02 | 0.05 | 0.13 | 75 | Short-Term Bond | APIMX vs LCCMX | |
| DFA Two-Year Fixed Income Portfolio | 0.04 | 0.03 | 0.32 | 66 | Short-Term Bond | APIMX vs DFCFX | |
| DFA Short-Duration Real Return Portfolio | 0.24 | 0.26 | 0.34 | 99 | Short-Term Bond | APIMX vs DFAIX | |
| GuidepathConservative Income Fund | 0.27 | 0.33 | 0.34 | 99 | Short-Term Bond | APIMX vs GPICX | |
| GuidePath Absolute Return Allocation Fund | 0.28 | 0.54 | 0.56 | 74 | Short-Term Bond | APIMX vs GPARX |
See all 18 diversifiers for APIMX
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