Looking to diversify beyond NSVAX? The mutual funds below have the lowest correlation with NSVAX — 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 NSVAX.
Best Diversifiers for NSVAX
0 mutual funds have low correlation with NSVAX (below 0.3), 0 of which are negatively correlated. The least correlated is Columbia Global Technology Growth Fund (CMTFX) (Technology Equities) with a 1Y correlation of 0.43, down from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Columbia Global Technology Growth Fund | 0.43 | 0.49 | 0.61 | 77 | Technology Equities | NSVAX vs CMTFX | |
| Columbia Global Technology Growth Fund Class A | 0.43 | 0.49 | 0.61 | 76 | Technology Equities, Large Cap Growth Equities | NSVAX vs CTCAX | |
| Aegis Value Fund | 0.44 | 0.50 | 0.58 | 87 | Small Cap Value Equities | NSVAX vs AVALX | |
| Columbia Seligman Technology and Information Fund | 0.50 | 0.59 | 0.68 | 96 | Technology Equities | NSVAX vs SLMCX | |
| Columbia Seligman Global Technology Fund | 0.50 | 0.59 | 0.68 | 96 | Technology Equities | NSVAX vs SHGTX |
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