Looking to diversify beyond AVERX? The mutual funds below have the lowest correlation with AVERX — 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 AVERX.
Best Diversifiers for AVERX
2 mutual funds have low correlation with AVERX (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Equity Income Fund | 0.04 | — | — | 65 | Large Cap Value Equities | AVERX vs LEIFX | |
| Rational Equity Armor Fund | 0.28 | — | — | 55 | Large Cap Value Equities | AVERX vs HDCTX | |
| Northern Income Equity Fund | 0.30 | — | — | 77 | Large Cap Value Equities | AVERX vs NOIEX | |
| GMO U.S. Equity Fund | 0.34 | — | — | 89 | Large Cap Value Equities | AVERX vs GMUEX | |
| UBS US Dividend Ruler Fund | 0.34 | — | — | 56 | Large Cap Value Equities | AVERX vs DVRUX |
See all 207 diversifiers for AVERX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements AVERX
Add AVERX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AVERX