Looking to diversify beyond NMIIX? The mutual funds below have the lowest correlation with NMIIX — 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 NMIIX.
Best Diversifiers for NMIIX
12 mutual funds have low correlation with NMIIX (below 0.3), 0 of which are negatively correlated. The least correlated is Neuberger Berman Large Cap Value Fund (NPRTX) (Large Cap Value Equities) with a 1Y correlation of 0.12, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Neuberger Berman Large Cap Value Fund | 0.12 | 0.13 | 0.07 | 93 | Large Cap Value Equities | NMIIX vs NPRTX | |
| Neuberger Berman Intrinsic Value Fund | 0.12 | 0.11 | 0.08 | 88 | Small Cap Blend Equities | NMIIX vs NINLX | |
| Neuberger Berman Sustainable Equity Fund | 0.13 | 0.11 | 0.10 | 55 | Large Cap Blend Equities | NMIIX vs NBSRX | |
| DFA Short Term Municipal Bond Portfolio | 0.15 | 0.27 | 0.38 | 99 | Municipal Bonds | NMIIX vs DFSMX | |
| DFA NY Municipal Bond Portfolio | 0.17 | 0.32 | 0.43 | 99 | Municipal Bonds | NMIIX vs DNYMX |
See all 17 diversifiers for NMIIX
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