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AMG Yacktman Fund (YACKX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The fund invests primarily in domestic equity securities. It also may invest in foreign equity securities, including emerging market securities, and debt securities. The fund may invest up to 30% of its assets in foreign equity securities. Its investments in equity securities may include common stocks, preferred stocks, convertible preferred stocks and ADRs. It may invest up to 20% of its assets in such debt securities, including junk bonds, in any proportion provided that the total invested does not exceed the 20% threshold.

Looking to diversify beyond YACKX? The mutual funds below have the lowest correlation with YACKX — 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 YACKX.

Best Diversifiers for YACKX

4 mutual funds have low correlation with YACKX (below 0.3), 0 of which are negatively correlated. The least correlated is AMG GW&K Municipal Enhanced Yield Fund (GWMEX) (High Yield Muni) with a 1Y correlation of 0.10, roughly unchanged from 0.07 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
GWMEX
AMG GW&K Municipal Enhanced Yield Fund0.100.110.07
60
High Yield MuniYACKX vs GWMEX
GWMIX
AMG GW&K Municipal Bond Fund0.110.130.09
64
Municipal BondsYACKX vs GWMIX
SVAIX
Federated Hermes Strategic Value Dividend Fund0.200.480.63
78
Large Cap Value EquitiesYACKX vs SVAIX
SVAAX
Federated Hermes Strategic Value Dividend Fund Cla...0.210.490.64
77
DividendYACKX vs SVAAX
HFCVX
Hennessy Cornerstone Value Fund0.470.700.79
81
Large Cap Value EquitiesYACKX vs HFCVX
See all 81 diversifiers for YACKX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from YACKX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to YACKX and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of -0.05, down from 0.27 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
WMT
Walmart Inc.-0.050.170.27
69
Consumer Defensive

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Diversification Analysis

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