Looking to diversify beyond AWYIX? The mutual funds below have the lowest correlation with AWYIX — 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 AWYIX.
Best Diversifiers for AWYIX
1 mutual funds have low correlation with AWYIX (below 0.3), 0 of which are negatively correlated. The least correlated is Emerald Insights Fund (EFCNX) (Large Cap Growth Equities) with a 1Y correlation of 0.17, down from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Emerald Insights Fund | 0.17 | 0.61 | 0.71 | 98 | Large Cap Growth Equities | AWYIX vs EFCNX | |
| Alger Large Cap Growth Portfolio Fund | 0.40 | 0.55 | 0.67 | 50 | Large Cap Growth Equities | AWYIX vs AAGOX | |
| One Rock Fund | 0.41 | 0.55 | 0.63 | 87 | Large Cap Growth Equities | AWYIX vs ONERX | |
| Alger Focus Equity A Fund | 0.41 | 0.55 | 0.68 | 61 | Large Cap Growth Equities | AWYIX vs ALAFX | |
| Alger Focus Equity Fund | 0.42 | 0.55 | 0.68 | 61 | Large Cap Growth Equities | AWYIX vs ALGRX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements AWYIX
Add AWYIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AWYIX