Looking to diversify beyond ARBFX? The mutual funds below have the lowest correlation with ARBFX — 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 ARBFX.
Best Diversifiers for ARBFX
3 mutual funds have low correlation with ARBFX (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO TRENDS Managed Futures Strategy Fund (PQTPX) (Systematic Trend) with a 1Y correlation of 0.09, up from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO TRENDS Managed Futures Strategy Fund | 0.09 | -0.02 | -0.09 | 73 | Systematic Trend | ARBFX vs PQTPX | |
| Vivaldi Merger Arbitrage Fund Class I | 0.26 | 0.22 | 0.32 | 98 | Event Driven | ARBFX vs VARBX | |
| AQR Long-Short Equity Fund | 0.28 | 0.22 | 0.15 | 53 | Long-Short | ARBFX vs QLEIX | |
| The Merger Fund Class I | 0.42 | 0.60 | 0.67 | 98 | Event Driven | ARBFX vs MERIX | |
| The Merger Fund | 0.43 | 0.60 | 0.67 | 97 | Event Driven | ARBFX vs MERFX |
See all 13 diversifiers for ARBFX
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