Looking to diversify beyond OBEGX? The mutual funds below have the lowest correlation with OBEGX — 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 OBEGX.
Best Diversifiers for OBEGX
0 mutual funds have low correlation with OBEGX (below 0.3), 0 of which are negatively correlated. The least correlated is Oberweis China Opportunities Fund (OBCHX) (China Equities) with a 1Y correlation of 0.41, roughly unchanged from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Oberweis China Opportunities Fund | 0.41 | 0.44 | 0.49 | 82 | China Equities | OBEGX vs OBCHX | |
| Polaris Global Value Fund | 0.43 | 0.61 | 0.68 | 89 | Global Equities | OBEGX vs PGVFX | |
| Tweedy, Browne Value Fund | 0.43 | 0.57 | 0.65 | 52 | Global Equities | OBEGX vs TWEBX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.44 | 0.58 | 0.64 | 80 | Global Equities | OBEGX vs RTXAX | |
| Wasatch Global Value Fund Investor Class Shares | 0.45 | 0.46 | 0.56 | 90 | Global Equities | OBEGX vs FMIEX |
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