Looking to diversify beyond NBIIX? The mutual funds below have the lowest correlation with NBIIX — 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 NBIIX.
Best Diversifiers for NBIIX
1 mutual funds have low correlation with NBIIX (below 0.3), 0 of which are negatively correlated. The least correlated is Neuberger Berman MLP (NML) (MLPs) with a 1Y correlation of 0.03, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Neuberger Berman MLP | 0.03 | 0.25 | 0.37 | 54 | MLPs, Energy Equities | NBIIX vs NML | |
| Federated Hermes International Strategic Value Div... | 0.47 | 0.55 | 0.67 | 61 | Foreign Large Cap Equities | NBIIX vs IVFIX | |
| PIMCO RAE PLUS International Fund | 0.63 | 0.63 | 0.64 | 82 | Foreign Large Cap Equities | NBIIX vs PTSIX | |
| EuroPac International Dividend Income Fund Class A | 0.65 | 0.64 | 0.68 | 75 | Foreign Large Cap Equities, Dividend | NBIIX vs EPDPX | |
| EuroPac International Dividend Income Fund | 0.65 | 0.64 | 0.68 | 76 | Foreign Large Cap Equities | NBIIX vs EPDIX |
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