Looking to diversify beyond AVIGX? The mutual funds below have the lowest correlation with AVIGX — 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 AVIGX.
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 Diversified) with a 1Y correlation of 0.22, up from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis Emerging Markets Equity Fund | 0.22 | 0.16 | 0.11 | 70 | Emerging Markets Diversified | AVIGX vs AVEEX | |
| Avantis U.S. Small Cap Value Fund | 0.24 | 0.20 | 0.09 | 78 | Small Cap Value Equities | AVIGX vs AVUVX | |
| Avantis U.S. Equity Fund | 0.29 | 0.22 | 0.13 | 84 | Large Cap Blend Equities | AVIGX vs AVUSX | |
| Avantis International Small Cap Value Fund Institu... | 0.34 | 0.29 | 0.21 | 72 | Foreign Small & Mid Cap Equities | AVIGX vs AVDVX | |
| Hartford Schroders Tax-Aware Bond Fund | 0.65 | 0.71 | 0.68 | 61 | Intermediate Core Bond | AVIGX vs STWTX |
See all 7 diversifiers for AVIGX
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