Looking to diversify beyond ASDVX? The mutual funds below have the lowest correlation with ASDVX — 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 ASDVX.
Best Diversifiers for ASDVX
6 mutual funds have low correlation with ASDVX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA Two-Year Fixed Income Portfolio (DFCFX) (Short-Term Bond) with a 1Y correlation of -0.02, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | -0.02 | -0.01 | 0.25 | 66 | Short-Term Bond | ASDVX vs DFCFX | |
| DFA Short-Duration Real Return Portfolio | 0.15 | 0.23 | 0.32 | 99 | Short-Term Bond | ASDVX vs DFAIX | |
| Leader Short Term High Yield Bond Fund | 0.20 | 0.17 | 0.24 | 75 | Short-Term Bond | ASDVX vs LCCMX | |
| Fidelity 500 Index Fund | 0.25 | 0.15 | 0.16 | 73 | S&P 500 | ASDVX vs FXAIX | |
| American Century Disciplined Core Value Fund | 0.25 | 0.16 | 0.15 | 79 | Large Cap Value Equities | ASDVX vs BIGRX |
See all 18 diversifiers for ASDVX
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