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 | 52 | Mid Cap Growth Equities | AVEAX vs TGFRX | |
| Baron Focused Growth Fund Institutional Shares | 0.55 | 0.66 | 0.74 | 54 | Mid Cap Growth Equities | AVEAX vs BFGIX | |
| Baron Focused Growth Fund | 0.55 | 0.66 | 0.74 | 53 | Mid Cap Growth Equities | AVEAX vs BFGFX | |
| PrimeCap Odyssey Aggressive Growth Fund | 0.56 | 0.68 | 0.76 | 83 | Mid Cap Growth Equities | AVEAX vs POAGX | |
| Timothy Plan Aggressive Growth Fund | 0.57 | 0.67 | 0.76 | 90 | Mid Cap Growth Equities | AVEAX vs TAAGX |
See all 14 diversifiers for AVEAX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements AVEAX
Add AVEAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AVEAX