Looking to diversify beyond ARGVX? The mutual funds below have the lowest correlation with ARGVX — 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 ARGVX.
Best Diversifiers for ARGVX
1 mutual funds have low correlation with ARGVX (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 0.23, 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... | 0.23 | 0.22 | 0.18 | 72 | Municipal Bonds | ARGVX vs BCHYX | |
| American Century Equity Income Fund | 0.63 | 0.67 | 0.75 | 51 | Large Cap Value Equities | ARGVX vs TWEIX | |
| American Century Equity Income Fund Class I | 0.64 | 0.67 | 0.75 | 52 | Large Cap Value Equities | ARGVX vs ACIIX | |
| Dimensional Retirement Income Fund | 0.76 | 0.77 | 0.75 | 77 | Target Retirement Date | ARGVX vs TDIFX | |
| Prudential Day One Income Fund | 0.83 | 0.83 | 0.84 | 79 | Target Retirement Date | ARGVX vs PDAHX |
See all 69 diversifiers for ARGVX
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