Looking to diversify beyond NEEGX? The mutual funds below have historically moved differently from NEEGX, 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 NEEGX
0 mutual funds have low correlation with NEEGX (below 0.3), 0 of which are negatively correlated. The least correlated is USAA Extended Market Index Fund (USMIX) (Mid Cap Growth Equities) with a 1Y correlation of 0.73, roughly unchanged from 0.81 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| USAA Extended Market Index Fund | 0.73 | 0.75 | 0.81 | 62 | Mid Cap Growth Equities | NEEGX vs USMIX | |
| Fidelity OTC Portfolio | 0.75 | 0.76 | 0.81 | 72 | Large Cap Growth Equities | NEEGX vs FOCPX | |
| Victory Munder Mid-Cap Core Growth Fund | 0.81 | 0.77 | 0.81 | 74 | Mid Cap Growth Equities | NEEGX vs MGOYX | |
| PRIMECAP Odyssey Aggressive Growth Fund | 0.87 | 0.86 | 0.87 | 75 | Mid Cap Growth Equities | NEEGX vs POAGX | |
| Vanguard Capital Opportunity Fund Investor Shares | 0.88 | 0.85 | 0.87 | 84 | Mid Cap Growth Equities | NEEGX vs VHCOX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for NEEGX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.49, down from 0.68 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.49 | 0.58 | 0.68 | 61 | Technology |
Build a portfolio that complements NEEGX
Add NEEGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NEEGX