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Oakmark Global Select Fund (OAKWX) Diversifiers

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

The fund invests primarily in common stocks of U.S. and non-U.S. companies. It invests in the securities of companies located in at least three countries. The fund could own as few as twelve securities, but generally will have approximately twenty securities in its portfolio. It will invest at least 40% of its total assets in securities of non-U.S. companies (unless the Adviser deems market conditions and/or company valuations less favorable to non-U.S. companies, in which case the fund will invest at least 30% of its total assets in securities of non-U.S. companies).

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

Best Diversifiers for OAKWX

0 mutual funds have low correlation with OAKWX (below 0.3), 0 of which are negatively correlated. The least correlated is T. Rowe Price Global Technology Fund I Class (PGTIX) (Technology Equities) with a 1Y correlation of 0.32, down from 0.55 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
PGTIX
T. Rowe Price Global Technology Fund I Class0.320.400.55
74
Technology Equities, Global EquitiesOAKWX vs PGTIX
FGIAX
Nuveen Global Infrastructure Fund Class A0.390.520.62
71
Global EquitiesOAKWX vs FGIAX
OBEGX
Oberweis Global Opportunities Fund0.400.550.66
63
Global EquitiesOAKWX vs OBEGX
CSUAX
Cohen & Steers Global Infrastructure Fund Class A0.420.500.57
78
Global EquitiesOAKWX vs CSUAX
NALFX
New Alternatives Fund0.450.560.61
55
Global EquitiesOAKWX vs NALFX
See all 33 diversifiers for OAKWX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from OAKWX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to OAKWX and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.26, down from 0.57 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
BRK-B
Berkshire Hathaway Inc.0.260.450.57
52
Financial Services

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Diversification Analysis

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