Looking to diversify beyond OFVIX? The mutual funds below have the lowest correlation with OFVIX — 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 OFVIX.
Best Diversifiers for OFVIX
0 mutual funds have low correlation with OFVIX (below 0.3), 0 of which are negatively correlated. The least correlated is Rational Equity Armor Fund (HDCTX) (Large Cap Value Equities) with a 1Y correlation of 0.42, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Rational Equity Armor Fund | 0.42 | 0.54 | 0.67 | 57 | Large Cap Value Equities | OFVIX vs HDCTX | |
| Voya Corporate Leaders Trust Fund | 0.44 | 0.63 | 0.73 | 53 | Large Cap Value Equities | OFVIX vs LEXCX | |
| Federated Hermes Strategic Value Dividend Fund | 0.51 | 0.58 | 0.70 | 70 | Large Cap Value Equities | OFVIX vs SVAIX | |
| Vanguard International High Dividend Yield Index F... | 0.57 | 0.60 | 0.70 | 73 | Large Cap Value Equities, Dividend, Foreign Large Cap Equities | OFVIX vs VIHAX | |
| Dodge & Cox International Stock Fund | 0.61 | 0.63 | 0.71 | 59 | Foreign Large Cap Equities, Large Cap Value Equities | OFVIX vs DODFX |
See all 27 diversifiers for OFVIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements OFVIX
Add OFVIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with OFVIX