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Lisanti Small Cap Growth Fund (ASCGX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The fund normally invests at least 80% of its net assets (plus borrowings for investment purposes) in the equity securities of smaller, lesser-known companies whose stocks are traded in the U.S. markets. It normally invests in companies that the Adviser believes are in an early stage or transitional point in their development and have above average prospects for growth.

Looking to diversify beyond ASCGX? The mutual funds below have the lowest correlation with ASCGX — 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 ASCGX.

Best Diversifiers for ASCGX

0 mutual funds have low correlation with ASCGX (below 0.3), 0 of which are negatively correlated. The least correlated is Dana Epiphany ESG Small Cap Equity Fund (DSCIX) (Small Cap Growth Equities) with a 1Y correlation of 0.81, roughly unchanged from 0.89 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
DSCIX
Dana Epiphany ESG Small Cap Equity Fund0.810.870.89
91
Small Cap Growth EquitiesASCGX vs DSCIX
RYWCX
Rydex S&P SmallCap 600 Pure Growth Fund0.830.860.89
72
Small Cap Growth EquitiesASCGX vs RYWCX
WMKSX
WesMark Small Company Fund0.850.870.88
67
Small Cap Growth EquitiesASCGX vs WMKSX
NESIX
Needham Small Cap Growth Fund Institutional0.850.830.85
95
Small Cap Growth EquitiesASCGX vs NESIX
NESGX
Needham Small Cap Growth Fund0.850.830.85
95
Small Cap Growth EquitiesASCGX vs NESGX
See all 9 diversifiers for ASCGX

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