Looking to diversify beyond NEFSX? The mutual funds below have the lowest correlation with NEFSX — 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 NEFSX.
Best Diversifiers for NEFSX
1 mutual funds have low correlation with NEFSX (below 0.3), 0 of which are negatively correlated. The least correlated is Loomis Sayles Limited Term Government And Agency Fund (NEFLX) (Government Bonds) with a 1Y correlation of 0.21, up from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Loomis Sayles Limited Term Government And Agency F... | 0.21 | 0.11 | 0.07 | 52 | Government Bonds | NEFSX vs NEFLX | |
| Loomis Sayles Senior Floating Rate and Fixed Incom... | 0.34 | 0.29 | 0.28 | 64 | Bank Loan | NEFSX vs LSFYX | |
| One Rock Fund | 0.41 | 0.59 | 0.71 | 87 | Large Cap Growth Equities | NEFSX vs ONERX | |
| Catalyst Dynamic Alpha Fund | 0.49 | 0.64 | 0.74 | 53 | Large Cap Growth Equities | NEFSX vs CPEAX | |
| Fidelity OTC Portfolio | 0.52 | 0.62 | 0.77 | 92 | Large Cap Growth Equities | NEFSX vs FOCPX |
See all 35 diversifiers for NEFSX
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