Looking to diversify beyond ARTRX? The mutual funds below have the lowest correlation with ARTRX — 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 ARTRX.
Best Diversifiers for ARTRX
3 mutual funds have low correlation with ARTRX (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 -0.20, roughly unchanged from -0.15 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Artisan Global Unconstrained Fund | -0.20 | -0.15 | — | 99 | Nontraditional Bonds | ARTRX vs APFPX | |
| Lord Abbett Short Duration Income Fund | 0.19 | 0.15 | 0.14 | 62 | Short-Term Bond | ARTRX vs LALDX | |
| Artisan Floating Rate Fund | 0.28 | 0.21 | — | 77 | Bank Loan | ARTRX vs ARTUX | |
| Artisan Emerging Markets Debt Opportunities Fund | 0.37 | 0.36 | — | 96 | Emerging Markets Bonds | ARTRX vs APFOX | |
| Polaris Global Value Fund | 0.46 | 0.56 | 0.65 | 90 | Global Equities | ARTRX vs PGVFX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ARTRX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ARTRX and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.33, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.33 | 0.38 | 0.51 | 90 | Technology |
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