Looking to diversify beyond OSMAX? The mutual funds below have the lowest correlation with OSMAX — 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 OSMAX.
Best Diversifiers for OSMAX
0 mutual funds have low correlation with OSMAX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Emerging Markets Debt Fund (JEMDX) (Emerging Markets Bonds) with a 1Y correlation of 0.51, roughly unchanged from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Emerging Markets Debt Fund | 0.51 | 0.45 | 0.48 | 80 | Emerging Markets Bonds | OSMAX vs JEMDX | |
| PGIM High Yield Fund Class R6 | 0.53 | 0.52 | 0.56 | 75 | High Yield Bonds | OSMAX vs PHYQX | |
| Invesco Comstock Fund | 0.54 | 0.59 | 0.61 | 59 | Large Cap Value Equities | OSMAX vs ACSTX | |
| Kopernik Global All-Cap Fund | 0.56 | 0.50 | 0.56 | 80 | Foreign Small & Mid Cap Equities | OSMAX vs KGGIX | |
| Invesco Small Cap Value Fund | 0.56 | 0.63 | 0.63 | 89 | Small Cap Value Equities | OSMAX vs VSCAX |
See all 25 diversifiers for OSMAX
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