Looking to diversify beyond AVANX? The mutual funds below have historically moved differently from AVANX, 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 AVANX
0 mutual funds have low correlation with AVANX (below 0.3), 0 of which are negatively correlated. The least correlated is Pear Tree Polaris International Opportunities Fund (QISIX) (Foreign Small & Mid Cap Equities) with a 1Y correlation of 0.46, down from 0.59 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pear Tree Polaris International Opportunities Fund | 0.46 | 0.59 | — | 51 | Foreign Small & Mid Cap Equities | AVANX vs QISIX | |
| Avantis U.S. Small Cap Value Fund | 0.54 | 0.60 | — | 94 | Small Cap Value Equities | AVANX vs AVUVX | |
| Avantis U.S. Large Cap Value Fund Institutional Cl... | 0.66 | 0.65 | — | 98 | Large Cap Value Equities | AVANX vs AVLVX | |
| Artisan International Explorer Fund | 0.67 | 0.73 | — | 68 | Foreign Small & Mid Cap Equities | AVANX vs ARHBX | |
| Avantis Emerging Markets Equity Fund | 0.71 | 0.69 | — | 57 | Emerging Markets Equities | AVANX vs AVEEX |
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