Looking to diversify beyond OAKGX? The mutual funds below have historically moved differently from OAKGX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for OAKGX
1 mutual funds have low correlation with OAKGX (below 0.3), 0 of which are negatively correlated. The least correlated is GQG Partners Global Quality Dividend Income Fund (GQFPX) (Quality Factor) with a 1Y correlation of 0.29, down from 0.64 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GQG Partners Global Quality Dividend Income Fund | 0.29 | 0.53 | 0.64 | 63 | Quality Factor, Global Equities | OAKGX vs GQFPX | |
| Catalyst/Millburn Hedge Strategy Fund Class I | 0.32 | 0.26 | 0.31 | 95 | Multistrategy, Systematic Trend, Global Equities | OAKGX vs MBXIX | |
| T. Rowe Price Global Technology Fund I Class | 0.33 | 0.43 | 0.55 | 51 | Technology Equities, Global Equities | OAKGX vs PGTIX | |
| Nuveen Global Infrastructure Fund Class A | 0.38 | 0.52 | 0.63 | 52 | Infrastructure Equities, Global Equities | OAKGX vs FGIAX | |
| Oberweis Global Opportunities Fund | 0.41 | 0.57 | 0.68 | 51 | Global Equities | OAKGX vs OBEGX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for OAKGX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.22, down from 0.55 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.22 | 0.43 | 0.55 | 67 | Financial Services |
Build a portfolio that complements OAKGX
Add OAKGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with OAKGX