Looking to diversify beyond NISYX? The mutual funds below have the lowest correlation with NISYX — 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 NISYX.
Best Diversifiers for NISYX
3 mutual funds have low correlation with NISYX (below 0.3), 0 of which are negatively correlated. The least correlated is American Beacon AHL Managed Futures Strategy Fund (AHLPX) (Systematic Trend) with a 1Y correlation of 0.02, up from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Beacon AHL Managed Futures Strategy Fund | 0.02 | -0.15 | -0.24 | 88 | Systematic Trend | NISYX vs AHLPX | |
| American Beacon Small Cap Value Fund | 0.28 | 0.22 | 0.11 | 73 | Small Cap Value Equities | NISYX vs AVFIX | |
| American Beacon Frontier Markets Income Fund | 0.28 | 0.28 | 0.24 | 98 | Emerging Markets Bonds | NISYX vs AGEPX | |
| American Beacon Tocqueville International Value Fu... | 0.31 | 0.23 | 0.19 | 93 | Foreign Large Cap Equities | NISYX vs TIVFX | |
| American Beacon AHL TargetRisk Fund | 0.38 | 0.42 | 0.43 | 63 | Tactical Allocation | NISYX vs AHTPX |
See all 14 diversifiers for NISYX
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