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Oakmark Equity and Income Fund (OAKBX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 16, 2026

The investment seeks income and preservation and growth of capital. The fund invests primarily in a diversified portfolio of U.S. equity and debt securities. It is intended to present a balanced investment program between growth and income by investing approximately 40-75% of its total assets in common stock, including securities convertible into common stock, and up to 60% of its total assets in debt securities issued by U.S. government or any of its agencies or instrumentalities, non U.S. governments, and corporate entities rated at the time of purchase within the two highest ratings assigned by Moody's Investors Service, Inc. or by S&P Global Ratings.

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

Best Diversifiers for OAKBX

2 mutual funds have low correlation with OAKBX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.01, down from 0.20 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SIFAX
SEI Institutional Managed Trust Multi-Asset Inflat...-0.010.090.20
67
Diversified PortfolioOAKBX vs SIFAX
MHELX
MH Elite Small Cap Fund of Funds Fund0.040.150.51
68
Diversified PortfolioOAKBX vs MHELX
THOPX
Thompson Bond Fund0.320.310.25
90
Short-Term BondOAKBX vs THOPX
PUDZX
PGIM Real Assets Fund0.330.550.64
88
Diversified PortfolioOAKBX vs PUDZX
FSIRX
Fidelity Advisor Strategic Real Return Fund Class ...0.340.550.63
86
Diversified PortfolioOAKBX vs FSIRX
See all 43 diversifiers for OAKBX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from OAKBX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to OAKBX and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.32, down from 0.63 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
BRK-B
Berkshire Hathaway Inc.0.320.500.63
52
Financial Services

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Diversification Analysis

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