Looking to diversify beyond NADCX? The mutual funds below have the lowest correlation with NADCX — 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 NADCX.
Best Diversifiers for NADCX
4 mutual funds have low correlation with NADCX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.16, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.16 | 0.06 | 0.15 | 76 | Diversified Portfolio | NADCX vs SIFAX | |
| MH Elite Small Cap Fund of Funds Fund | 0.05 | 0.17 | 0.49 | 63 | Diversified Portfolio | NADCX vs MHELX | |
| Nationwide Strategic Income A | 0.06 | 0.16 | 0.06 | 99 | Multisector Bonds | NADCX vs NWXEX | |
| Nationwide Amundi Strategic Income Fund | 0.08 | 0.18 | 0.07 | 99 | Multisector Bonds | NADCX vs NWXHX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.37 | 0.60 | 0.63 | 96 | Diversified Portfolio | NADCX vs FSIRX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements NADCX
Add NADCX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NADCX