Looking to diversify beyond AWMIX? The mutual funds below have the lowest correlation with AWMIX — 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 AWMIX.
Best Diversifiers for AWMIX
0 mutual funds have low correlation with AWMIX (below 0.3), 0 of which are negatively correlated. The least correlated is Tanaka Growth Fund (TGFRX) (Mid Cap Growth Equities) with a 1Y correlation of 0.63, down from 0.76 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Tanaka Growth Fund | 0.63 | 0.70 | 0.76 | 52 | Mid Cap Growth Equities | AWMIX vs TGFRX | |
| Essex Environmental Opportunities Fund | 0.66 | 0.74 | 0.80 | 63 | Mid Cap Growth Equities | AWMIX vs EEOFX | |
| Baron Focused Growth Fund Institutional Shares | 0.66 | 0.76 | 0.81 | 54 | Mid Cap Growth Equities | AWMIX vs BFGIX | |
| Baron Focused Growth Fund | 0.68 | 0.77 | 0.81 | 53 | Mid Cap Growth Equities | AWMIX vs BFGFX | |
| Needham Growth Fund | 0.75 | 0.78 | 0.84 | 92 | Mid Cap Growth Equities | AWMIX vs NEEGX |
See all 14 diversifiers for AWMIX
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