Looking to diversify beyond ATOIX? The mutual funds below have historically moved differently from ATOIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for ATOIX
430 mutual funds have low correlation with ATOIX (below 0.3), 8 of which are negatively correlated. The least correlated is abrdn U.S. Small Cap Equity Fund (GSXIX) (Small Cap Growth Equities) with a 1Y correlation of -0.07, roughly unchanged from -0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| abrdn U.S. Small Cap Equity Fund | -0.07 | -0.03 | -0.01 | 66 | Small Cap Growth Equities | ATOIX vs GSXIX | |
| abrdn Emerging Markets ex-China Fund | -0.05 | -0.07 | -0.04 | 80 | Emerging Markets Equities | ATOIX vs GLLSX | |
| DFA Short-Term Selective State Municipal Bond Port... | -0.04 | -0.02 | — | 100 | Municipal Bonds | ATOIX vs DFABX | |
| DFA MN Municipal Bond Portfolio | -0.04 | 0.00 | 0.06 | 93 | Municipal Bonds | ATOIX vs DMNBX | |
| abrdn Realty Income & Growth Fund | -0.02 | 0.02 | 0.02 | 82 | REIT | ATOIX vs AIGYX |
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