Looking to diversify beyond OIIEX? The mutual funds below have the lowest correlation with OIIEX — 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 OIIEX.
Best Diversifiers for OIIEX
0 mutual funds have low correlation with OIIEX (below 0.3), 0 of which are negatively correlated. The least correlated is Delaware Tax Free USA Fund (DMTFX) (Municipal Bonds) with a 1Y correlation of 0.32, up from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Delaware Tax Free USA Fund | 0.32 | 0.20 | 0.18 | 64 | Municipal Bonds | OIIEX vs DMTFX | |
| Federated Hermes International Strategic Value Div... | 0.37 | 0.47 | 0.59 | 63 | Foreign Large Cap Equities | OIIEX vs IVFIX | |
| PIMCO RAE PLUS International Fund | 0.55 | 0.58 | 0.62 | 82 | Foreign Large Cap Equities | OIIEX vs PTSIX | |
| Delaware Small Cap Value Fund | 0.55 | 0.58 | 0.64 | 51 | Small Cap Value Equities | OIIEX vs DEVLX | |
| Delaware Growth and Income Fund | 0.60 | 0.58 | 0.62 | 96 | Large Cap Value Equities | OIIEX vs FGINX |
See all 21 diversifiers for OIIEX
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