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AB Wealth Appreciation Strategy (AWAYX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 17, 2026

The fund invests primarily in equity securities, either directly or through underlying investment companies advised by the Adviser ("Underlying Portfolios"). A majority of the fund's assets are expected to be invested directly in U.S. large-cap equity securities, primarily common stocks, in accordance with the Adviser's U.S. Strategic Equities investment strategy ("U.S. Strategic Equities").

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

Best Diversifiers for AWAYX

2 mutual funds have low correlation with AWAYX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.23, down from 0.55 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
CSUAX
Cohen & Steers Global Infrastructure Fund Class A0.230.390.55
77
Global EquitiesAWAYX vs CSUAX
MISHX
AB Municipal Income Shares0.260.180.15
85
High Yield MuniAWAYX vs MISHX
FGIAX
Nuveen Global Infrastructure Fund Class A0.300.470.63
70
Global EquitiesAWAYX vs FGIAX
RTXAX
Russell Investment Tax-Managed Real Assets Fund0.480.630.73
89
Global EquitiesAWAYX vs RTXAX
VMVFX
Vanguard Global Minimum Volatility Fund Investor S...0.530.650.74
66
Global EquitiesAWAYX vs VMVFX
See all 37 diversifiers for AWAYX

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