Looking to diversify beyond NINDX? The mutual funds below have the lowest correlation with NINDX — 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 NINDX.
Best Diversifiers for NINDX
1 mutual funds have low correlation with NINDX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.26, up from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.26 | 0.13 | 0.12 | 73 | Large Cap Blend Equities | NINDX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.48 | 0.34 | 0.42 | 72 | Large Cap Blend Equities | NINDX vs ORDNX | |
| First Eagle Overseas Fund Class I | 0.62 | 0.61 | 0.66 | 57 | Large Cap Blend Equities, Foreign Large Cap Equities | NINDX vs SGOIX | |
| Rock Oak Core Growth Fund | 0.64 | 0.72 | 0.81 | 56 | Large Cap Blend Equities | NINDX vs RCKSX | |
| Columbia Dividend Income Fund Class A | 0.67 | 0.75 | 0.83 | 66 | Large Cap Value Equities | NINDX vs LBSAX |
See all 52 diversifiers for NINDX
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