Looking to diversify beyond NEMUX? The mutual funds below have the lowest correlation with NEMUX — 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 NEMUX.
Best Diversifiers for NEMUX
11 mutual funds have low correlation with NEMUX (below 0.3), 1 of which are negatively correlated. The least correlated is Integrity Mid-North American Resources Fund (ICPAX) (Energy Equities) with a 1Y correlation of -0.10, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Integrity Mid-North American Resources Fund | -0.10 | 0.02 | 0.01 | 66 | Energy Equities | NEMUX vs ICPAX | |
| Integrity ESG Growth & Income Fund | 0.13 | 0.12 | 0.11 | 91 | Large Cap Blend Equities | NEMUX vs IGIAX | |
| Integrity Dividend Harvest Fund | 0.13 | 0.14 | 0.09 | 94 | Large Cap Value Equities | NEMUX vs IDIVX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.15 | 0.26 | — | 100 | Municipal Bonds | NEMUX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.18 | 0.31 | 0.36 | 99 | Municipal Bonds | NEMUX vs USMSX |
See all 28 diversifiers for NEMUX
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