Looking to diversify beyond KESGX? The mutual funds below have historically moved differently from KESGX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for KESGX
0 mutual funds have low correlation with KESGX (below 0.3), 0 of which are negatively correlated. The least correlated is 13D Activist Fund (DDDIX) (Mid Cap Blend Equities) with a 1Y correlation of 0.68, down from 0.86 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| 13D Activist Fund | 0.68 | 0.80 | 0.86 | 78 | Mid Cap Blend Equities | KESGX vs DDDIX | |
| Gotham Enhanced Return Fund | 0.70 | 0.74 | 0.79 | 88 | Mid Cap Blend Equities | KESGX vs GENIX | |
| Gabelli Value 25 Fund | 0.73 | 0.80 | 0.85 | 80 | Mid Cap Blend Equities | KESGX vs GABVX | |
| Victory RS Investors Fund | 0.75 | 0.80 | 0.83 | 73 | Mid Cap Blend Equities | KESGX vs RSINX | |
| Hodges Fund | 0.75 | 0.79 | 0.85 | 59 | Mid Cap Blend Equities | KESGX vs HDPMX |
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