Looking to diversify beyond OBIOX? The mutual funds below have the lowest correlation with OBIOX — 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 OBIOX.
Best Diversifiers for OBIOX
0 mutual funds have low correlation with OBIOX (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 0.44, roughly unchanged from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Oberweis China Opportunities Fund | 0.44 | 0.43 | 0.45 | 86 | China Equities | OBIOX vs OBCHX | |
| Oberweis Small-Cap Opportunities Fund | 0.52 | 0.57 | 0.64 | 79 | Small Cap Growth Equities | OBIOX vs OBSOX | |
| Oberweis Micro Cap Fund | 0.53 | 0.56 | 0.62 | 91 | Small Cap Growth Equities | OBIOX vs OBMCX | |
| Oberweis Global Opportunities Fund | 0.63 | 0.70 | 0.77 | 75 | Global Equities | OBIOX vs OBEGX | |
| Fidelity Global Equity Income Fund | 0.65 | 0.71 | 0.76 | 62 | Global Equities | OBIOX vs FGILX |
See all 12 diversifiers for OBIOX
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