Looking to diversify beyond NMANX? The mutual funds below have the lowest correlation with NMANX — 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 NMANX.
Best Diversifiers for NMANX
2 mutual funds have low correlation with NMANX (below 0.3), 0 of which are negatively correlated. The least correlated is Neuberger Berman Floating Rate Income Fund (NFIAX) (Bank Loan) with a 1Y correlation of 0.18, roughly unchanged from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Neuberger Berman Floating Rate Income Fund | 0.18 | 0.19 | 0.23 | 91 | Bank Loan | NMANX vs NFIAX | |
| Neuberger Berman Municipal Intermediate Bond Fund | 0.19 | 0.11 | 0.11 | 72 | Municipal Bonds | NMANX vs NMUIX | |
| Neuberger Berman High Income Bond Fund | 0.49 | 0.47 | 0.48 | 54 | High Yield Bonds | NMANX vs NHINX | |
| Northern Income Equity Fund | 0.64 | 0.77 | 0.81 | 74 | Large Cap Value Equities | NMANX vs NOIEX | |
| Neuberger Berman Large Cap Value Fund | 0.65 | 0.58 | 0.63 | 95 | Large Cap Value Equities | NMANX vs NPRTX |
See all 20 diversifiers for NMANX
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