Looking to diversify beyond ARGFX? The mutual funds below have the lowest correlation with ARGFX — 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 ARGFX.
Best Diversifiers for ARGFX
0 mutual funds have low correlation with ARGFX (below 0.3), 0 of which are negatively correlated. The least correlated is Ariel Global Fund (AGLOX) (Global Equities) with a 1Y correlation of 0.58, down from 0.70 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Ariel Global Fund | 0.58 | 0.66 | 0.70 | 86 | Global Equities | ARGFX vs AGLOX | |
| Fidelity 500 Index Fund | 0.68 | 0.70 | 0.78 | 73 | S&P 500 | ARGFX vs FXAIX | |
| Vanguard Institutional Index Fund Institutional Pl... | 0.68 | 0.70 | 0.78 | 73 | S&P 500, Large Cap Blend Equities | ARGFX vs VIIIX | |
| Invesco Value Opportunities Fund | 0.70 | 0.78 | 0.83 | 87 | Mid Cap Value Equities | ARGFX vs VVOAX | |
| Invesco V.I. American Value Fund | 0.70 | 0.78 | 0.83 | 87 | Mid Cap Value Equities | ARGFX vs UMCVX |
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