Looking to diversify beyond AWSAX? The mutual funds below have the lowest correlation with AWSAX — 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 AWSAX.
Best Diversifiers for AWSAX
0 mutual funds have low correlation with AWSAX (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 0.37, down from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.37 | 0.43 | 0.56 | 52 | Global Equities | AWSAX vs CSUAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.56 | 0.64 | 0.71 | 80 | Global Equities | AWSAX vs RTXAX | |
| Polaris Global Value Fund | 0.57 | 0.66 | 0.74 | 93 | Global Equities | AWSAX vs PGVFX | |
| GMO Climate Change Fund | 0.65 | 0.65 | 0.70 | 88 | Global Equities | AWSAX vs GCCHX | |
| New Alternatives Fund | 0.65 | 0.60 | 0.66 | 63 | Global Equities | AWSAX vs NALFX |
See all 29 diversifiers for AWSAX
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