Looking to diversify beyond NESGX? The mutual funds below have the lowest correlation with NESGX — 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 NESGX.
Best Diversifiers for NESGX
0 mutual funds have low correlation with NESGX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes MDT Small Cap Growth Fund (QISGX) (Small Cap Growth Equities) with a 1Y correlation of 0.35, down from 0.72 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes MDT Small Cap Growth Fund | 0.35 | 0.59 | 0.72 | 72 | Small Cap Growth Equities | NESGX vs QISGX | |
| Loomis Sayles Small Cap Growth Fund | 0.72 | 0.79 | 0.83 | 61 | Small Cap Growth Equities | NESGX vs LSSIX | |
| Mutual of America Small Cap Growth Fund | 0.75 | 0.80 | 0.76 | 72 | Small Cap Growth Equities | NESGX vs MAGKX | |
| Schwab S&P 500 Index Fund | 0.75 | 0.74 | 0.76 | 66 | Large Cap Blend Equities, S&P 500 | NESGX vs SWPPX | |
| Lord Abbett Micro Cap Growth Fund | 0.76 | 0.79 | 0.83 | 72 | Small Cap Growth Equities | NESGX vs LMIYX |
See all 63 diversifiers for NESGX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements NESGX
Add NESGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NESGX