Looking to diversify beyond AWGIX? The mutual funds below have the lowest correlation with AWGIX — 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 AWGIX.
Best Diversifiers for AWGIX
0 mutual funds have low correlation with AWGIX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.50, down from 0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.50 | 0.57 | 0.66 | 52 | Large Cap Growth Equities | AWGIX vs BPTRX | |
| ICON Equity Fund | 0.59 | 0.62 | 0.73 | 85 | Large Cap Growth Equities | AWGIX vs IOLZX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.66 | 0.65 | 0.71 | 65 | Foreign Large Cap Equities | AWGIX vs VTMGX | |
| Adams Diversified Equity Fund, Inc. | 0.67 | 0.71 | 0.78 | 61 | Large Cap Blend Equities | AWGIX vs ADX | |
| PrimeCap Odyssey Growth Fund | 0.72 | 0.78 | 0.84 | 94 | Large Cap Growth Equities | AWGIX vs POGRX |
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