Looking to diversify beyond NMKBX? The mutual funds below have historically moved differently from NMKBX, 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 NMKBX
2 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 0.26, roughly unchanged from 0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| North Square Dynamic Small Cap Fund | 0.26 | 0.23 | 0.19 | 84 | Small Cap Blend Equities | NMKBX vs ORSIX | |
| North Square Small Cap Value Fund | 0.29 | 0.21 | 0.16 | 82 | Small Cap Value Equities | NMKBX vs DRSVX | |
| North Square Spectrum Alpha Fund | 0.31 | 0.24 | 0.20 | 80 | Small Cap Growth Equities | NMKBX vs ORIGX | |
| North Square Multi Strategy Fund | 0.41 | 0.32 | 0.25 | 67 | Diversified Portfolio | NMKBX vs ORILX | |
| North Square Preferred and Income Securities Fund | 0.45 | 0.38 | 0.28 | 59 | Preferred Stock | NMKBX vs ORDNX |
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