Looking to diversify beyond OBIIX? The mutual funds below have historically moved differently from OBIIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
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 0.52, roughly unchanged from 0.46 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Oberweis China Opportunities Fund | 0.52 | 0.44 | 0.46 | 61 | China Equities, Asia Pacific Equities | OBIIX vs OBCHX | |
| Pear Tree Polaris International Opportunities Fund | 0.54 | 0.60 | 0.66 | 51 | Foreign Small & Mid Cap Equities | OBIIX vs QISIX | |
| Oberweis Small-Cap Opportunities Fund | 0.56 | 0.57 | 0.64 | 71 | Small Cap Growth Equities | OBIIX vs OBSOX | |
| Oberweis Micro-Cap Fund Investor Class | 0.56 | 0.57 | 0.62 | 81 | Small Cap Growth Equities | OBIIX vs OBMCX | |
| Kopernik Global All-Cap Fund | 0.58 | 0.51 | 0.58 | 59 | Foreign Small & Mid Cap Equities | OBIIX vs KGGIX |
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