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Nicholas Fund (NICSX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 20, 2026

The fund primarily invests in common stocks of domestic small, medium- and large-sized companies believed to have growth potential. The adviser believes a company's annual sales volume and market capitalization (the number of shares outstanding multiplied by the per share price) are the factors most illustrative of a company's size. In distinguishing company size in terms of sales volume, the adviser considers a company's sales volume relative to peer companies in the company's industry.

Looking to diversify beyond NICSX? The mutual funds below have the lowest correlation with NICSX — 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 NICSX.

Best Diversifiers for NICSX

0 mutual funds have low correlation with NICSX (below 0.3), 0 of which are negatively correlated. The least correlated is One Rock Fund (ONERX) (Large Cap Growth Equities) with a 1Y correlation of 0.57, down from 0.76 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
ONERX
One Rock Fund0.570.690.76
88
Large Cap Growth EquitiesNICSX vs ONERX
BPTRX
Baron Partners Fund0.600.620.69
74
Large Cap Growth EquitiesNICSX vs BPTRX
NPSGX
Nicholas Partners Small Cap Growth Fund0.650.710.77
79
Small Cap Growth EquitiesNICSX vs NPSGX
IOLZX
ICON Equity Fund0.660.670.75
85
Large Cap Growth EquitiesNICSX vs IOLZX
FTQGX
Fidelity Focused Stock Fund0.690.790.86
86
Large Cap Growth EquitiesNICSX vs FTQGX
See all 29 diversifiers for NICSX

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