Looking to diversify beyond NEAIX? The mutual funds below have the lowest correlation with NEAIX — 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 NEAIX.
Best Diversifiers for NEAIX
1 mutual funds have low correlation with NEAIX (below 0.3), 0 of which are negatively correlated. The least correlated is JHancock Infrastructure Fund (JEEIX) (Energy Equities) with a 1Y correlation of 0.21, down from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JHancock Infrastructure Fund | 0.21 | 0.29 | 0.41 | 58 | Energy Equities | NEAIX vs JEEIX | |
| Federated Hermes MDT Small Cap Growth Fund | 0.34 | 0.57 | 0.70 | 78 | Small Cap Growth Equities | NEAIX vs QISGX | |
| Aegis Value Fund | 0.50 | 0.51 | 0.52 | 88 | Small Cap Value Equities | NEAIX vs AVALX | |
| Avantis Emerging Markets Equity Fund | 0.70 | 0.65 | 0.65 | 72 | Emerging Markets Diversified | NEAIX vs AVEEX | |
| Fidelity OTC Portfolio | 0.71 | 0.72 | 0.77 | 85 | Large Cap Growth Equities | NEAIX vs FOCPX |
See all 73 diversifiers for NEAIX
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