Looking to diversify beyond AVIGX? The mutual funds below have historically moved differently from AVIGX, 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 AVIGX
3 mutual funds have low correlation with AVIGX (below 0.3), 0 of which are negatively correlated. The least correlated is Avantis Emerging Markets Equity Fund (AVEEX) (Emerging Markets Equities) with a 1Y correlation of 0.24, up from 0.11 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis Emerging Markets Equity Fund | 0.24 | 0.15 | 0.11 | 53 | Emerging Markets Equities | AVIGX vs AVEEX | |
| Avantis U.S. Large Cap Value Fund Institutional Cl... | 0.26 | 0.19 | — | 97 | Large Cap Value Equities | AVIGX vs AVLVX | |
| Avantis U.S. Small Cap Value Fund | 0.26 | 0.19 | 0.10 | 90 | Small Cap Value Equities | AVIGX vs AVUVX | |
| Avantis U.S. Equity Fund | 0.30 | 0.21 | 0.14 | 84 | Large Cap Blend Equities | AVIGX vs AVUSX | |
| Avantis International Small Cap Value Fund Class G | 0.33 | 0.28 | — | 85 | Foreign Small & Mid Cap Equities | AVIGX vs AVANX |
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