Looking to diversify beyond NAESX? The mutual funds below have historically moved differently from NAESX, 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 NAESX
0 mutual funds have low correlation with NAESX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock High Yield Bond Portfolio Institutional Shares (BHYIX) (High Yield Bonds) with a 1Y correlation of 0.57, roughly unchanged from 0.57 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock High Yield Bond Portfolio Institutional ... | 0.57 | 0.56 | 0.57 | 65 | High Yield Bonds | NAESX vs BHYIX | |
| Fidelity Select Semiconductors Portfolio | 0.60 | 0.60 | 0.68 | 80 | Semiconductors, Technology Equities | NAESX vs FSELX | |
| Fidelity International Index Fund | 0.72 | 0.70 | 0.73 | 64 | Foreign Large Cap Equities | NAESX vs FSPSX | |
| Auer Growth Fund | 0.72 | 0.77 | 0.81 | 90 | Small Cap Blend Equities | NAESX vs AUERX | |
| Vanguard Developed Markets Index Fund Investor Sha... | 0.73 | 0.73 | 0.76 | 72 | Foreign Large Cap Equities | NAESX vs VDVIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements NAESX
Add NAESX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NAESX