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Ave Maria Growth Fund (AVEGX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 14, 2026

The fund invests primarily in common stocks of companies believed by the Adviser to offer above-average potential for growth in revenues, profits or cash flow. Dividend and interest income are secondary considerations in investment selection. Under normal circumstances, all of its equity investments and at least 80% of the fund's net assets will be invested in companies meeting its religious criteria. The fund may invest in companies of all sizes, including small and mid-cap companies.

Looking to diversify beyond AVEGX? The mutual funds below have the lowest correlation with AVEGX — 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 AVEGX.

Best Diversifiers for AVEGX

1 mutual funds have low correlation with AVEGX (below 0.3), 0 of which are negatively correlated. The least correlated is Knights of Columbus Limited Duration Fund (KCLIX) (Short-Term Bond) with a 1Y correlation of 0.16, roughly unchanged from 0.14 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
KCLIX
Knights of Columbus Limited Duration Fund0.160.120.14
96
Short-Term BondAVEGX vs KCLIX
ETIHX
Eventide Healthcare & Life Sciences Fund0.370.510.55
91
Health & Biotech EquitiesAVEGX vs ETIHX
BPTRX
Baron Partners Fund0.470.570.65
67
Large Cap Growth EquitiesAVEGX vs BPTRX
ADX
Adams Diversified Equity Fund, Inc.0.590.710.81
81
Large Cap Blend EquitiesAVEGX vs ADX
QQQX
Nuveen Nasdaq 100 Dynamic Overwrite Fund0.630.680.72
64
Derivative Income, Options Trading, Nasdaq-100, Large Cap Growth Equities, Actively ManagedAVEGX vs QQQX
See all 35 diversifiers for AVEGX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from AVEGX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AVEGX and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.13, down from 0.18 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
XOM
Exxon Mobil Corporation-0.130.050.18
75
Energy

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