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Looking to diversify beyond KTRAX? The mutual funds below have historically moved differently from KTRAX, 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 KTRAX

3 mutual funds have low correlation with KTRAX (below 0.3), 0 of which are negatively correlated. The least correlated is Wilmington Real Asset Fund (WMRIX) (Global Allocation) with a 1Y correlation of 0.22, down from 0.55 over 5 years.

How candidates are selected

See all 34 diversifiers for KTRAX

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for KTRAX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is abrdn Total Dynamic Dividend Fund (AOD) (Financial Services) with a 1Y correlation of 0.71, roughly unchanged from 0.78 over 5 years.

How candidates are selected

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
abrdn Total Dynamic Dividend Fund0.710.720.78
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Financial Services

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