Looking to diversify beyond ASQIX? The mutual funds below have the lowest correlation with ASQIX — 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 ASQIX.
Best Diversifiers for ASQIX
1 mutual funds have low correlation with ASQIX (below 0.3), 0 of which are negatively correlated. The least correlated is American Century California High Yield Municipal Fund (BCHYX) (Municipal Bonds) with a 1Y correlation of 0.10, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Century California High Yield Municipal F... | 0.10 | 0.12 | 0.09 | 61 | Municipal Bonds | ASQIX vs BCHYX | |
| Auer Growth Fund | 0.73 | 0.80 | 0.83 | 91 | Small Cap Blend Equities | ASQIX vs AUERX | |
| Fidelity Large Cap Stock Fund | 0.76 | 0.81 | 0.85 | 79 | Large Cap Value Equities | ASQIX vs FLCSX | |
| Voya Index Plus SmallCap Portfolio | 0.83 | 0.88 | 0.93 | 75 | Small Cap Blend Equities | ASQIX vs IPSIX | |
| Hodges Small Cap Fund | 0.84 | 0.90 | 0.93 | 74 | Small Cap Blend Equities | ASQIX vs HDPSX |
See all 28 diversifiers for ASQIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ASQIX
Add ASQIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ASQIX