Looking to diversify beyond AUXFX? The mutual funds below have the lowest correlation with AUXFX — 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 AUXFX.
Best Diversifiers for AUXFX
1 mutual funds have low correlation with AUXFX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Equity Income Fund (LEIFX) (Large Cap Value Equities) with a 1Y correlation of 0.29, down from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Equity Income Fund | 0.29 | 0.55 | 0.75 | 71 | Large Cap Value Equities | AUXFX vs LEIFX | |
| AMG Yacktman Focused Fund | 0.34 | 0.58 | 0.72 | 85 | Large Cap Value Equities | AUXFX vs YAFFX | |
| Voya Corporate Leaders Trust Fund | 0.40 | 0.61 | 0.69 | 78 | Large Cap Value Equities | AUXFX vs LEXCX | |
| Fidelity Dividend Growth Fund Class K | 0.51 | 0.60 | 0.76 | 66 | Large Cap Value Equities | AUXFX vs FDGKX | |
| Fidelity Dividend Growth Fund | 0.52 | 0.61 | 0.76 | 78 | Large Cap Blend Equities, Dividend | AUXFX vs FDGFX |
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