Looking to diversify beyond OILVX? The mutual funds below have the lowest correlation with OILVX — 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 OILVX.
Best Diversifiers for OILVX
2 mutual funds have low correlation with OILVX (below 0.3), 0 of which are negatively correlated. The least correlated is Delaware National High-Yield Municipal Bond Fund (CXHYX) (High Yield Muni) with a 1Y correlation of 0.24, up from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Delaware National High-Yield Municipal Bond Fund | 0.24 | 0.17 | 0.10 | 58 | High Yield Muni | OILVX vs CXHYX | |
| Delaware Tax Free USA Fund | 0.25 | 0.18 | 0.12 | 69 | Municipal Bonds | OILVX vs DMTFX | |
| Delaware Emerging Markets Fund | 0.32 | 0.37 | 0.45 | 94 | Emerging Markets Diversified | OILVX vs DEMIX | |
| Voya Corporate Leaders Trust Fund | 0.36 | 0.61 | 0.72 | 78 | Large Cap Value Equities | OILVX vs LEXCX | |
| AMG Yacktman Focused Fund | 0.42 | 0.62 | 0.75 | 85 | Large Cap Value Equities | OILVX vs YAFFX |
See all 42 diversifiers for OILVX
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