Looking to diversify beyond OBIIX? The mutual funds below have the lowest correlation with OBIIX — 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 OBIIX.
Best Diversifiers for OBIIX
0 mutual funds have low correlation with OBIIX (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 0.43, roughly unchanged from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Oberweis China Opportunities Fund | 0.43 | 0.42 | 0.44 | 84 | China Equities | OBIIX vs OBCHX | |
| Oberweis Small-Cap Opportunities Fund | 0.49 | 0.56 | 0.64 | 75 | Small Cap Growth Equities | OBIIX vs OBSOX | |
| Oberweis Micro Cap Fund | 0.51 | 0.55 | 0.62 | 90 | Small Cap Growth Equities | OBIIX vs OBMCX | |
| Kopernik Global All-Cap Fund | 0.59 | 0.52 | 0.58 | 80 | Foreign Small & Mid Cap Equities | OBIIX vs KGGIX | |
| Kopernik Global All-Cap Fund Class A | 0.59 | 0.52 | 0.58 | 80 | Foreign Small & Mid Cap Equities | OBIIX vs KGGAX |
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