Looking to diversify beyond OPP? The mutual funds below have the lowest correlation with OPP — 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 OPP.
Best Diversifiers for OPP
11 mutual funds have low correlation with OPP (below 0.3), 0 of which are negatively correlated. The least correlated is AQR Diversifying Strategies Fund Class N (QDSNX) (Tactical Allocation) with a 1Y correlation of 0.04, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AQR Diversifying Strategies Fund Class N | 0.04 | 0.09 | 0.01 | 91 | Tactical Allocation | OPP vs QDSNX | |
| Quantified Evolution Plus Fund | 0.12 | 0.20 | 0.15 | 87 | Tactical Allocation | OPP vs QEVOX | |
| Potomac Defensive Bull Fund | 0.20 | 0.22 | 0.19 | 89 | Tactical Allocation | OPP vs CRDBX | |
| Invesco Balanced-Risk Allocation Fund | 0.20 | 0.28 | 0.30 | 91 | Tactical Allocation | OPP vs ABRYX | |
| Invesco Balanced-Risk Allocation Fund Class A | 0.21 | 0.28 | 0.30 | 91 | Tactical Allocation | OPP vs ABRZX |
See all 19 diversifiers for OPP
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