Looking to diversify beyond NWJCX? The mutual funds below have the lowest correlation with NWJCX — 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 NWJCX.
Best Diversifiers for NWJCX
3 mutual funds have low correlation with NWJCX (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 0.10, up from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 0.10 | 0.07 | -0.03 | 99 | Multisector Bonds | NWJCX vs NWXHX | |
| Nationwide Strategic Income A | 0.15 | 0.05 | -0.04 | 99 | Multisector Bonds | NWJCX vs NWXEX | |
| Nationwide Loomis Short Term Bond Fund | 0.18 | 0.14 | 0.17 | 81 | Short-Term Bond | NWJCX vs NWJVX | |
| ARK Venture Fund | 0.45 | 0.57 | — | 98 | Technology Equities | NWJCX vs ARKVX | |
| Gabelli Global Content & Connectivity Fund Class I | 0.50 | 0.58 | 0.69 | 82 | Technology Equities | NWJCX vs GTTIX |
See all 78 diversifiers for NWJCX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements NWJCX
Add NWJCX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NWJCX