Looking to diversify beyond NEFFX? The mutual funds below have the lowest correlation with NEFFX — 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 NEFFX.
Best Diversifiers for NEFFX
3 mutual funds have low correlation with NEFFX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.05, down from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.05 | 0.23 | 0.41 | 75 | Global Equities | NEFFX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.12 | 0.31 | 0.48 | 69 | Global Equities | NEFFX vs FGIAX | |
| BlackRock Low Duration Bond Portfolio | 0.27 | 0.15 | 0.17 | 81 | Short-Term Bond | NEFFX vs BFMSX | |
| Wasatch Global Value Fund Investor Class Shares | 0.33 | 0.37 | 0.51 | 91 | Global Equities | NEFFX vs FMIEX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.33 | 0.48 | 0.59 | 86 | Global Equities | NEFFX vs RTXAX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NEFFX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NEFFX and solid risk/return profiles. The least correlated is Realty Income Corporation (O) (Real Estate) with a 1Y correlation of -0.16, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Realty Income Corporation | -0.16 | 0.01 | 0.20 | 72 | Real Estate |
Build a portfolio that complements NEFFX
Add NEFFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NEFFX