Looking to diversify beyond APITX? The mutual funds below have the lowest correlation with APITX — 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 APITX.
Best Diversifiers for APITX
2 mutual funds have low correlation with APITX (below 0.3), 0 of which are negatively correlated. The least correlated is Yorktown Short Term Bond Fund (APIMX) (Short-Term Bond) with a 1Y correlation of 0.29, up from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Yorktown Short Term Bond Fund | 0.29 | 0.18 | 0.16 | 58 | Short-Term Bond | APITX vs APIMX | |
| Cohen & Steers Global Infrastructure Fund Class A | 0.29 | 0.41 | 0.54 | 52 | Global Equities | APITX vs CSUAX | |
| Polaris Global Value Fund | 0.50 | 0.66 | 0.73 | 93 | Global Equities | APITX vs PGVFX | |
| Yorktown Multi-Sector Bond Fund | 0.52 | 0.35 | 0.36 | 51 | Multisector Bonds | APITX vs APIUX | |
| Wasatch Global Value Fund Investor Class Shares | 0.53 | 0.53 | 0.62 | 86 | Global Equities | APITX vs FMIEX |
See all 29 diversifiers for APITX
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