Looking to diversify beyond ARCNX? The mutual funds below have the lowest correlation with ARCNX — 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 ARCNX.
Best Diversifiers for ARCNX
3 mutual funds have low correlation with ARCNX (below 0.3), 1 of which are negatively correlated. The least correlated is AQR Style Premia Alternative R6 (QSPRX) (Multistrategy) with a 1Y correlation of -0.00, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AQR Style Premia Alternative R6 | -0.00 | -0.02 | 0.05 | 53 | Multistrategy | ARCNX vs QSPRX | |
| AQR Style Premia Alternative Fund Class N | 0.03 | -0.01 | 0.05 | 52 | Multistrategy | ARCNX vs QSPNX | |
| Thornburg Investment Income Builder Fund Class I | 0.13 | 0.26 | 0.29 | 98 | Diversified Portfolio | ARCNX vs TIBIX | |
| Vanguard Global Capital Cycles Fund | 0.32 | 0.46 | 0.49 | 94 | Global Equities | ARCNX vs VGPMX | |
| AQR Diversifying Strategies Fund Class N | 0.39 | 0.27 | 0.28 | 93 | Tactical Allocation | ARCNX vs QDSNX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ARCNX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ARCNX and solid risk/return profiles. The least correlated is Taiwan Semiconductor Manufacturing Company Limited (TSM) (Technology) with a 1Y correlation of 0.00, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 0.00 | 0.12 | 0.15 | 95 | Technology | |
| Broadcom Inc. | 0.03 | 0.10 | 0.13 | 86 | Technology | |
| Micron Technology, Inc. | 0.11 | 0.16 | 0.14 | 99 | Technology |
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