Looking to diversify beyond ASMOX? The mutual funds below have the lowest correlation with ASMOX — 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 ASMOX.
Best Diversifiers for ASMOX
5 mutual funds have low correlation with ASMOX (below 0.3), 0 of which are negatively correlated. The least correlated is AQR Managed Futures Strategy HV Fund (QMHIX) (Systematic Trend) with a 1Y correlation of 0.10, up from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AQR Managed Futures Strategy HV Fund | 0.10 | 0.02 | -0.06 | 83 | Systematic Trend | ASMOX vs QMHIX | |
| AQR Managed Futures Strategy Fund | 0.13 | 0.03 | -0.05 | 90 | Systematic Trend | ASMOX vs AQMIX | |
| AQR Alternative Risk Premia Fund | 0.16 | 0.10 | -0.04 | 95 | Multistrategy | ASMOX vs QRPIX | |
| Federated Hermes MDT Small Cap Growth Fund | 0.21 | 0.61 | 0.76 | 72 | Small Cap Growth Equities | ASMOX vs QISGX | |
| AQR Long-Short Equity Fund | 0.25 | 0.32 | 0.28 | 53 | Long-Short | ASMOX vs QLEIX |
See all 24 diversifiers for ASMOX
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