Looking to diversify beyond ATGAX? The mutual funds below have the lowest correlation with ATGAX — 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 ATGAX.
Best Diversifiers for ATGAX
2 mutual funds have low correlation with ATGAX (below 0.3), 1 of which are negatively correlated. The least correlated is Quantified Common Ground Fund (QCGDX) (Mid Cap Blend Equities) with a 1Y correlation of -1.00, roughly unchanged from -1.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Quantified Common Ground Fund | -1.00 | -1.00 | -1.00 | 56 | Mid Cap Blend Equities | ATGAX vs QCGDX | |
| Aquila Tax-Free Fund of Colorado | 0.05 | 0.10 | 0.08 | 69 | Municipal Bonds | ATGAX vs COTFX | |
| Natixis Funds Trust II Vaughan Nelson Mid Cap Fund | 0.57 | 0.68 | 0.80 | 50 | Mid Cap Blend Equities | ATGAX vs VNVYX | |
| Gabelli Value 25 Fund | 0.71 | 0.75 | 0.82 | 61 | Mid Cap Blend Equities | ATGAX vs GABVX | |
| Hartford Schroders US MidCap Opportunities Fund | 0.81 | 0.85 | 0.90 | 56 | Mid Cap Blend Equities | ATGAX vs SMDIX |
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