Looking to diversify beyond AVEAX? The mutual funds below have the lowest correlation with AVEAX — 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 AVEAX.
Best Diversifiers for AVEAX
0 mutual funds have low correlation with AVEAX (below 0.3), 0 of which are negatively correlated. The least correlated is Tanaka Growth Fund (TGFRX) (Mid Cap Growth Equities) with a 1Y correlation of 0.53, down from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Tanaka Growth Fund | 0.53 | 0.61 | 0.69 | 53 | Mid Cap Growth Equities | AVEAX vs TGFRX | |
| Timothy Plan Aggressive Growth Fund | 0.56 | 0.67 | 0.76 | 83 | Mid Cap Growth Equities | AVEAX vs TAAGX | |
| PrimeCap Odyssey Aggressive Growth Fund | 0.56 | 0.68 | 0.76 | 79 | Mid Cap Growth Equities | AVEAX vs POAGX | |
| Needham Growth Fund | 0.57 | 0.63 | 0.72 | 82 | Mid Cap Growth Equities | AVEAX vs NEEGX | |
| Needham Growth Fund Institutional Class | 0.57 | 0.63 | 0.72 | 83 | Mid Cap Growth Equities | AVEAX vs NEEIX |
See all 10 diversifiers for AVEAX
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