Looking to diversify beyond NBGIX? The mutual funds below have the lowest correlation with NBGIX — 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 NBGIX.
Best Diversifiers for NBGIX
3 mutual funds have low correlation with NBGIX (below 0.3), 0 of which are negatively correlated. The least correlated is Neuberger Berman Floating Rate Income Fund (NFIAX) (Bank Loan) with a 1Y correlation of 0.12, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Neuberger Berman Floating Rate Income Fund | 0.12 | 0.16 | 0.22 | 92 | Bank Loan | NBGIX vs NFIAX | |
| Federated Hermes MDT Small Cap Growth Fund | 0.21 | 0.58 | 0.75 | 72 | Small Cap Growth Equities | NBGIX vs QISGX | |
| Neuberger Berman Municipal Intermediate Bond Fund | 0.22 | 0.14 | 0.12 | 72 | Municipal Bonds | NBGIX vs NMUIX | |
| Neuberger Berman High Income Bond Fund | 0.47 | 0.49 | 0.50 | 59 | High Yield Bonds | NBGIX vs NHINX | |
| Driehaus Micro Cap Growth Fund | 0.61 | 0.74 | 0.80 | 83 | Small Cap Growth Equities | NBGIX vs DMCRX |
See all 70 diversifiers for NBGIX
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