Looking to diversify beyond OGEAX? The mutual funds below have the lowest correlation with OGEAX — 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 OGEAX.
Best Diversifiers for OGEAX
1 mutual funds have low correlation with OGEAX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.25, roughly unchanged from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund | 0.25 | 0.22 | 0.28 | 81 | Multisector Bonds | OGEAX vs JMSIX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.32 | 0.14 | 0.12 | 72 | Large Cap Blend Equities | OGEAX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.52 | 0.36 | 0.42 | 69 | Large Cap Blend Equities | OGEAX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.61 | 0.71 | 0.80 | 62 | Large Cap Blend Equities | OGEAX vs RCKSX | |
| JPMorgan Equity Income Fund R6 | 0.67 | 0.70 | 0.79 | 77 | Large Cap Value Equities, Dividend | OGEAX vs OIEJX |
See all 28 diversifiers for OGEAX
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