Looking to diversify beyond NFJEX? The mutual funds below have the lowest correlation with NFJEX — 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 NFJEX.
Best Diversifiers for NFJEX
1 mutual funds have low correlation with NFJEX (below 0.3), 0 of which are negatively correlated. The least correlated is Voya Corporate Leaders Trust Fund (LEXCX) (Large Cap Value Equities) with a 1Y correlation of 0.29, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.30 | 0.57 | 0.67 | 78 | Large Cap Value Equities | NFJEX vs LEXCX | |
| Virtus NFJ Emerging Markets Value Fund | 0.38 | 0.37 | 0.46 | 55 | Emerging Markets Diversified | NFJEX vs AZMIX | |
| Federated Hermes Strategic Value Dividend Fund | 0.44 | 0.63 | 0.71 | 86 | Large Cap Value Equities | NFJEX vs SVAIX | |
| Virtus Short Duration High Income Fund | 0.47 | 0.47 | 0.52 | 85 | High Yield Bonds | NFJEX vs ASHIX | |
| AMG Yacktman Focused Fund | 0.49 | 0.65 | 0.74 | 85 | Large Cap Value Equities | NFJEX vs YAFFX |
See all 45 diversifiers for NFJEX
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