Looking to diversify beyond NMKBX? The mutual funds below have the lowest correlation with NMKBX — 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 NMKBX.
Best Diversifiers for NMKBX
1 mutual funds have low correlation with NMKBX (below 0.3), 0 of which are negatively correlated. The least correlated is North Square Dynamic Small Cap Fund (ORSIX) (Small Cap Blend Equities) with a 1Y correlation of 0.27, roughly unchanged from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| North Square Dynamic Small Cap Fund | 0.27 | 0.23 | 0.18 | 75 | Small Cap Blend Equities | NMKBX vs ORSIX | |
| North Square Spectrum Alpha Fund | 0.31 | 0.24 | 0.19 | 69 | Small Cap Growth Equities | NMKBX vs ORIGX | |
| North Square Preferred and Income Securities Fund | 0.39 | 0.36 | 0.27 | 69 | Large Cap Blend Equities | NMKBX vs ORDNX | |
| North Square Multi Strategy Fund | 0.41 | 0.32 | 0.24 | 52 | Diversified Portfolio | NMKBX vs ORILX | |
| Hartford Schroders Tax-Aware Bond Fund | 0.68 | 0.72 | 0.69 | 53 | Intermediate Core Bond | NMKBX vs STWTX |
See all 7 diversifiers for NMKBX
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