Looking to diversify beyond NVLIX? The mutual funds below have the lowest correlation with NVLIX — 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 NVLIX.
Best Diversifiers for NVLIX
39 mutual funds have low correlation with NVLIX (below 0.3), 0 of which are negatively correlated. The least correlated is Nuveen Real Estate Securities Fund (FARCX) (REIT) with a 1Y correlation of 0.02, down from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Nuveen Real Estate Securities Fund | 0.02 | 0.21 | 0.41 | 50 | REIT | NVLIX vs FARCX | |
| Nuveen Global Infrastructure Fund | 0.06 | 0.22 | 0.44 | 74 | Energy Equities | NVLIX vs FGIYX | |
| Nuveen Global Infrastructure Fund Class A | 0.06 | 0.22 | 0.43 | 72 | Global Equities | NVLIX vs FGIAX | |
| Nuveen Real Asset Income Fund | 0.13 | 0.27 | 0.45 | 73 | Global Allocation | NVLIX vs NRIIX | |
| Nuveen Short Term Municipal Bond Fund | 0.13 | 0.08 | 0.06 | 72 | Municipal Bonds | NVLIX vs FSHYX |
See all 90 diversifiers for NVLIX
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Diversification Analysis
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