Looking to diversify beyond OBIOX? The mutual funds below have historically moved differently from OBIOX, 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 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 0.51, 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 | 0.51 | 0.44 | 0.46 | 57 | China Equities, Asia Pacific Equities | OBIOX vs OBCHX | |
| Oberweis Small-Cap Opportunities Fund | 0.53 | 0.57 | 0.64 | 62 | Small Cap Growth Equities | OBIOX vs OBSOX | |
| Pear Tree Polaris International Opportunities Fund | 0.54 | 0.61 | 0.66 | 53 | Foreign Small & Mid Cap Equities | OBIOX vs QISIX | |
| AMG Yacktman Special Opportunities Fund | 0.54 | 0.58 | 0.66 | 50 | Foreign Small & Mid Cap Equities | OBIOX vs YASLX | |
| Oberweis Micro Cap Fund | 0.56 | 0.57 | 0.63 | 73 | Small Cap Growth Equities | OBIOX vs OBMCX |
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