Looking to diversify beyond NOLCX? The mutual funds below have the lowest correlation with NOLCX — 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 NOLCX.
Best Diversifiers for NOLCX
8 mutual funds have low correlation with NOLCX (below 0.3), 0 of which are negatively correlated. The least correlated is Northern Ultra-Short Fixed Income Fund (NUSFX) (Ultrashort Bond) with a 1Y correlation of 0.18, up from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Northern Ultra-Short Fixed Income Fund | 0.18 | 0.08 | 0.06 | 98 | Ultrashort Bond | NOLCX vs NUSFX | |
| Northern Limited Term Tax-Exempt Fund | 0.19 | 0.15 | 0.10 | 66 | Municipal Bonds | NOLCX vs NSITX | |
| Northern Intermediate Tax Exempt Fund | 0.20 | 0.16 | 0.12 | 71 | Municipal Bonds | NOLCX vs NOITX | |
| Northern Tax-Advantaged U-S Fixed Income | 0.22 | 0.14 | 0.10 | 90 | Ultrashort Bond | NOLCX vs NTAUX | |
| Northern California Tax Exempt Fund | 0.24 | 0.13 | 0.10 | 68 | Municipal Bonds | NOLCX vs NCATX |
See all 53 diversifiers for NOLCX
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