Looking to diversify beyond OANIX? The mutual funds below have the lowest correlation with OANIX — 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 OANIX.
Best Diversifiers for OANIX
0 mutual funds have low correlation with OANIX (below 0.3), 0 of which are negatively correlated. The least correlated is American Beacon Tocqueville International Value Fund (TIVFX) (Foreign Large Cap Equities) with a 1Y correlation of 0.50, down from 0.70 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Beacon Tocqueville International Value Fu... | 0.50 | 0.56 | 0.70 | 94 | Foreign Large Cap Equities | OANIX vs TIVFX | |
| Kopernik International Fund | 0.53 | 0.49 | 0.59 | 53 | Foreign Large Cap Equities | OANIX vs KGIIX | |
| Calamos International Growth Fund | 0.53 | 0.61 | 0.72 | 66 | Foreign Large Cap Equities | OANIX vs CIGIX | |
| John Hancock International Dynamic Growth Fund | 0.54 | 0.57 | 0.66 | 54 | Foreign Large Cap Equities | OANIX vs JIJIX | |
| EuroPac International Dividend Income Fund Class A | 0.54 | 0.64 | 0.69 | 74 | Foreign Large Cap Equities, Dividend | OANIX vs EPDPX |
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