Looking to diversify beyond OMSYX? The mutual funds below have historically moved differently from OMSYX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for OMSYX
0 mutual funds have low correlation with OMSYX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.32, up from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.32 | 0.13 | 0.12 | 97 | Large Cap Blend Equities | OMSYX vs SVPFX | |
| Rock Oak Core Growth Fund | 0.45 | 0.65 | 0.77 | 89 | Large Cap Blend Equities | OMSYX vs RCKSX | |
| North Square Preferred and Income Securities Fund | 0.51 | 0.34 | 0.40 | 59 | Preferred Stock | OMSYX vs ORDNX | |
| Invesco Comstock Fund | 0.52 | 0.68 | 0.76 | 83 | Large Cap Value Equities | OMSYX vs ACSTX | |
| Fidelity SAI U.S. Low Volatility Index Fund | 0.53 | 0.71 | 0.80 | 61 | Low Volatility | OMSYX vs FSUVX |
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