Looking to diversify beyond OAKLX? The mutual funds below have the lowest correlation with OAKLX — 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 OAKLX.
Best Diversifiers for OAKLX
0 mutual funds have low correlation with OAKLX (below 0.3), 0 of which are negatively correlated. The least correlated is American Funds New World Fund (NFFFX) (Emerging Markets Equities) with a 1Y correlation of 0.31, down from 0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Funds New World Fund | 0.31 | 0.51 | 0.66 | 69 | Emerging Markets Equities | OAKLX vs NFFFX | |
| Goldman Sachs International Small Cap Insights Fun... | 0.36 | 0.48 | 0.61 | 64 | Foreign Small & Mid Cap Equities | OAKLX vs GICIX | |
| Federated Hermes Strategic Value Dividend Fund | 0.36 | 0.50 | 0.61 | 80 | Large Cap Value Equities | OAKLX vs SVAIX | |
| Neiman Large Cap Value Fund | 0.41 | 0.64 | 0.74 | 94 | Large Cap Value Equities | OAKLX vs NEIMX | |
| PrimeCap Odyssey Aggressive Growth Fund | 0.43 | 0.61 | 0.71 | 86 | Mid Cap Growth Equities | OAKLX vs POAGX |
See all 35 diversifiers for OAKLX
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