Looking to diversify beyond NWWVX? The mutual funds below have the lowest correlation with NWWVX — 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 NWWVX.
Best Diversifiers for NWWVX
2 mutual funds have low correlation with NWWVX (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 0.14, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 0.14 | 0.12 | 0.05 | 99 | Multisector Bonds | NWWVX vs NWXHX | |
| Nationwide Strategic Income A | 0.19 | 0.12 | 0.04 | 99 | Multisector Bonds | NWWVX vs NWXEX | |
| Dimensional Retirement Income Fund | 0.78 | 0.78 | 0.74 | 77 | Target Retirement Date | NWWVX vs TDIFX | |
| Fidelity Managed Retirement Income Fund | 0.83 | 0.75 | 0.71 | 66 | Target Retirement Date | NWWVX vs FIRMX | |
| Fidelity Managed Retirement 2010 Fund Class K | 0.83 | 0.76 | 0.75 | 69 | Target Retirement Date | NWWVX vs FRQKX |
See all 43 diversifiers for NWWVX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements NWWVX
Add NWWVX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NWWVX