Looking to diversify beyond QUASX? The mutual funds below have the lowest correlation with QUASX — 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 QUASX.
Best Diversifiers for QUASX
14 mutual funds have low correlation with QUASX (below 0.3), 0 of which are negatively correlated. The least correlated is AB Municipal Bond Inflation Strategy (AUNYX) (Municipal Bonds) with a 1Y correlation of 0.09, roughly unchanged from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AB Municipal Bond Inflation Strategy | 0.09 | 0.11 | 0.15 | 91 | Municipal Bonds | QUASX vs AUNYX | |
| AB Municipal Income Fund California Portfolio | 0.11 | 0.11 | 0.10 | 67 | Municipal Bonds | QUASX vs ALCAX | |
| AB Tax-Aware Fixed Income Opportunities Portfolio | 0.11 | 0.12 | 0.13 | 68 | Municipal Bonds | QUASX vs ATTYX | |
| AB High Income Municipal Portfolio | 0.12 | 0.10 | 0.11 | 62 | High Yield Muni | QUASX vs ABTYX | |
| AB Municipal Income Fund II Virginia Portfolio | 0.12 | 0.12 | 0.12 | 66 | Municipal Bonds | QUASX vs AVAAX |
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