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Looking to diversify beyond NTKLX? The mutual funds below have the lowest correlation with NTKLX — 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 NTKLX.

Best Diversifiers for NTKLX

1 mutual funds have low correlation with NTKLX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.26, up from 0.10 over 5 years.


Diversification Analysis

Build a portfolio that complements NTKLX

Add NTKLX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with NTKLX