Looking to diversify beyond OEGAX? The mutual funds below have the lowest correlation with OEGAX — 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 OEGAX.
Best Diversifiers for OEGAX
0 mutual funds have low correlation with OEGAX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Focused Growth Fund (BFGFX) (Mid Cap Growth Equities) with a 1Y correlation of 0.46, down from 0.76 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Focused Growth Fund | 0.46 | 0.68 | 0.76 | 53 | Mid Cap Growth Equities | OEGAX vs BFGFX | |
| Baron Focused Growth Fund Institutional Shares | 0.48 | 0.69 | 0.76 | 54 | Mid Cap Growth Equities | OEGAX vs BFGIX | |
| Invesco Comstock Fund | 0.50 | 0.62 | 0.67 | 60 | Large Cap Value Equities | OEGAX vs ACSTX | |
| Tanaka Growth Fund | 0.57 | 0.70 | 0.75 | 52 | Mid Cap Growth Equities | OEGAX vs TGFRX | |
| Invesco Equity and Income Fund | 0.60 | 0.71 | 0.75 | 61 | Diversified Portfolio | OEGAX vs ACEIX |
See all 20 diversifiers for OEGAX
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