Looking to diversify beyond NWHLX? The mutual funds below have the lowest correlation with NWHLX — 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 NWHLX.
Best Diversifiers for NWHLX
2 mutual funds have low correlation with NWHLX (below 0.3), 0 of which are negatively correlated. The least correlated is Nationwide Amundi Strategic Income Fund (NWXHX) (Multisector Bonds) with a 1Y correlation of 0.15, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 0.15 | 0.15 | 0.11 | 99 | Multisector Bonds | NWHLX vs NWXHX | |
| Nationwide Strategic Income A | 0.20 | 0.17 | 0.12 | 99 | Multisector Bonds | NWHLX vs NWXEX | |
| Kopernik International Fund | 0.60 | 0.50 | 0.62 | 54 | Foreign Large Cap Equities | NWHLX vs KGIIX | |
| Thornburg Global Opportunities Fund | 0.66 | 0.74 | 0.80 | 91 | Foreign Large Cap Equities | NWHLX vs THOIX | |
| SA International Value Fund | 0.69 | 0.71 | 0.78 | 88 | Foreign Large Cap Equities | NWHLX vs SAHMX |
See all 19 diversifiers for NWHLX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements NWHLX
Add NWHLX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NWHLX