Looking to diversify beyond NINLX? The mutual funds below have historically moved differently from NINLX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for NINLX
3 mutual funds have low correlation with NINLX (below 0.3), 0 of which are negatively correlated. The least correlated is Neuberger Berman MLP (NML) (MLPs) with a 1Y correlation of 0.10, down from 0.47 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Neuberger Berman MLP | 0.10 | 0.33 | 0.47 | 71 | MLPs, Energy Equities | NINLX vs NML | |
| Neuberger Berman Floating Rate Income Fund | 0.20 | 0.19 | 0.26 | 95 | Bank Loan | NINLX vs NFIAX | |
| Neuberger Berman Municipal Intermediate Bond Fund | 0.21 | 0.13 | 0.11 | 70 | Municipal Bonds | NINLX vs NMUIX | |
| Federated Hermes MDT Small Cap Core Fund | 0.37 | 0.60 | 0.77 | 67 | Small Cap Blend Equities | NINLX vs QISCX | |
| Neuberger Berman Emerging Markets Equity Fund | 0.48 | 0.53 | 0.58 | 55 | Emerging Markets Equities | NINLX vs NEMIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements NINLX
Add NINLX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NINLX