Looking to diversify beyond APLIX? The mutual funds below have the lowest correlation with APLIX — 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 APLIX.
Best Diversifiers for APLIX
2 mutual funds have low correlation with APLIX (below 0.3), 0 of which are negatively correlated. The least correlated is Cavanal Hill Ultra Short Tax-Free Income Fund (APUSX) (Municipal Bonds) with a 1Y correlation of 0.00, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cavanal Hill Ultra Short Tax-Free Income Fund | 0.00 | 0.00 | 0.02 | 98 | Municipal Bonds | APLIX vs APUSX | |
| Princeton Premium Fund | 0.16 | 0.13 | 0.13 | 100 | Options Trading | APLIX vs PPFIX | |
| Cavanal Hill World Energy Fund | 0.33 | 0.53 | 0.57 | 86 | Energy Equities | APLIX vs APWEX | |
| Rational Tactical Return Fund | 0.51 | 0.34 | 0.24 | 83 | Options Trading | APLIX vs HRSTX | |
| Gateway Equity Call Premium Fund | 0.67 | 0.66 | 0.70 | 86 | Options Trading | APLIX vs GCPYX |
See all 21 diversifiers for APLIX
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