Looking to diversify beyond ARTKX? The mutual funds below have historically moved differently from ARTKX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for ARTKX
2 mutual funds have low correlation with ARTKX (below 0.3), 1 of which are negatively correlated. The least correlated is Artisan Global Unconstrained Fund (APFPX) (Nontraditional Bonds) with a 1Y correlation of -0.18, roughly unchanged from -0.18 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Artisan Global Unconstrained Fund | -0.18 | -0.18 | — | 99 | Nontraditional Bonds | ARTKX vs APFPX | |
| Artisan Floating Rate Fund | 0.26 | 0.19 | — | 85 | Bank Loan | ARTKX vs ARTUX | |
| Columbia Seligman Technology and Information Fund ... | 0.39 | 0.47 | 0.59 | 93 | Technology Equities | ARTKX vs SLMCX | |
| Artisan Emerging Markets Debt Opportunities Fund | 0.45 | 0.42 | — | 98 | Emerging Markets Bonds | ARTKX vs APFOX | |
| Artisan High Income Fund | 0.45 | 0.46 | 0.50 | 58 | High Yield Bonds | ARTKX vs ARTFX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ARTKX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Sprott Physical Gold Trust (PHYS) (Financial Services) with a 1Y correlation of 0.35, roughly unchanged from 0.26 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Sprott Physical Gold Trust | 0.35 | 0.27 | 0.26 | 64 | Financial Services |
Build a portfolio that complements ARTKX
Add ARTKX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ARTKX