Looking to diversify beyond ARGNX? The mutual funds below have the lowest correlation with ARGNX — 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 ARGNX.
Best Diversifiers for ARGNX
1 mutual funds have low correlation with ARGNX (below 0.3), 0 of which are negatively correlated. The least correlated is American Century California High Yield Municipal Fund (BCHYX) (Municipal Bonds) with a 1Y correlation of 0.24, roughly unchanged from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Century California High Yield Municipal F... | 0.24 | 0.22 | 0.18 | 72 | Municipal Bonds | ARGNX vs BCHYX | |
| American Century Equity Income Fund Class I | 0.63 | 0.67 | 0.75 | 52 | Large Cap Value Equities | ARGNX vs ACIIX | |
| American Century Equity Income Fund | 0.63 | 0.67 | 0.75 | 51 | Large Cap Value Equities | ARGNX vs TWEIX | |
| Dimensional Retirement Income Fund | 0.77 | 0.77 | 0.75 | 77 | Target Retirement Date | ARGNX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.83 | 0.76 | 0.76 | 65 | Target Retirement Date | ARGNX vs FRQIX |
See all 52 diversifiers for ARGNX
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