Looking to diversify beyond APOIX? The mutual funds below have the lowest correlation with APOIX — 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 APOIX.
Best Diversifiers for APOIX
3 mutual funds have low correlation with APOIX (below 0.3), 0 of which are negatively correlated. The least correlated is American Century Disciplined Core Value Fund (BIGRX) (Large Cap Value Equities) with a 1Y correlation of 0.06, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Century Disciplined Core Value Fund | 0.06 | 0.10 | 0.14 | 76 | Large Cap Value Equities | APOIX vs BIGRX | |
| Allspring Real Return Fund | 0.25 | 0.43 | 0.58 | 92 | Inflation-Protected Bonds | APOIX vs IPBAX | |
| American Century California High Yield Municipal F... | 0.29 | 0.38 | 0.32 | 61 | Municipal Bonds | APOIX vs BCHYX | |
| SEI Multi-Asset Real Return Fund Class A | 0.31 | 0.37 | 0.46 | 81 | Inflation-Protected Bonds | APOIX vs SEIAX | |
| VALIC Company I Inflation Protected Fund | 0.59 | 0.73 | 0.73 | 50 | Inflation-Protected Bonds | APOIX vs VCTPX |
See all 21 diversifiers for APOIX
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