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

Best Diversifiers for KTRAX

2 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 0.26, down from 0.56 over 5 years.


See all 28 diversifiers for KTRAX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from KTRAX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KTRAX and solid risk/return profiles. The least correlated is Abrdn Total Dynamic Dividend Fund (AOD) (Financial Services) with a 1Y correlation of 0.72, roughly unchanged from 0.78 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Abrdn Total Dynamic Dividend Fund0.720.720.78
88
Financial Services

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Diversification Analysis

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