Looking to diversify beyond NOFIX? The mutual funds below have the lowest correlation with NOFIX — 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 NOFIX.
Best Diversifiers for NOFIX
4 mutual funds have low correlation with NOFIX (below 0.3), 0 of which are negatively correlated. The least correlated is Holbrook Income Fund Class I (HOBIX) (Intermediate Core-Plus Bond) with a 1Y correlation of 0.25, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Holbrook Income Fund Class I | 0.25 | 0.32 | 0.37 | 98 | Intermediate Core-Plus Bond | NOFIX vs HOBIX | |
| Northern Small Cap Core Fund | 0.29 | 0.25 | 0.17 | 64 | Small Cap Blend Equities | NOFIX vs NSGRX | |
| Northern Small Cap Index Fund | 0.29 | 0.24 | 0.18 | 65 | Small Cap Blend Equities | NOFIX vs NSIDX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 0.30 | 0.18 | 0.15 | 90 | Intermediate Core-Plus Bond | NOFIX vs LCTRX | |
| Northern Large Cap Core Fund | 0.30 | 0.22 | 0.16 | 83 | Large Cap Blend Equities | NOFIX vs NOLCX |
See all 16 diversifiers for NOFIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements NOFIX
Add NOFIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NOFIX