Looking to diversify beyond ARBNX? The mutual funds below have the lowest correlation with ARBNX — 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 ARBNX.
Best Diversifiers for ARBNX
2 mutual funds have low correlation with ARBNX (below 0.3), 0 of which are negatively correlated. The least correlated is American Beacon AHL Managed Futures Strategy Fund Class R5 (AHLIX) (Systematic Trend) with a 1Y correlation of 0.15, up from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Beacon AHL Managed Futures Strategy Fund ... | 0.15 | 0.10 | 0.02 | 89 | Systematic Trend | ARBNX vs AHLIX | |
| Vivaldi Merger Arbitrage Fund Class I | 0.22 | 0.21 | 0.32 | 98 | Event Driven | ARBNX vs VARBX | |
| Osterweis Strategic Income Fund | 0.31 | 0.30 | 0.35 | 89 | High Yield Bonds | ARBNX vs OSTIX | |
| Gotham Absolute Return Fund | 0.37 | 0.37 | 0.43 | 82 | Long-Short | ARBNX vs GARIX | |
| Franklin K2 Alternative Strategies Fund | 0.37 | 0.41 | 0.51 | 95 | Multistrategy | ARBNX vs FABZX |
See all 15 diversifiers for ARBNX
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