Looking to diversify beyond NMULX? The mutual funds below have the lowest correlation with NMULX — 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 NMULX.
Best Diversifiers for NMULX
1 mutual funds have low correlation with NMULX (below 0.3), 0 of which are negatively correlated. The least correlated is Neuberger Berman MLP (NML) (MLPs) with a 1Y correlation of 0.01, down from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Neuberger Berman MLP | 0.01 | 0.29 | 0.42 | 54 | MLPs, Energy Equities | NMULX vs NML | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.32 | 0.16 | 0.14 | 94 | Large Cap Blend Equities | NMULX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.52 | 0.37 | 0.42 | 68 | Large Cap Blend Equities | NMULX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.63 | 0.78 | 0.84 | 79 | Large Cap Blend Equities | NMULX vs RCKSX | |
| First Eagle Overseas Fund Class I | 0.65 | 0.62 | 0.66 | 58 | Large Cap Blend Equities, Foreign Large Cap Equities | NMULX vs SGOIX |
See all 41 diversifiers for NMULX
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