Looking to diversify beyond POMIX? The mutual funds below have the lowest correlation with POMIX — 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 POMIX.
Best Diversifiers for POMIX
1 mutual funds have low correlation with POMIX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.27, roughly unchanged from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund | 0.27 | 0.23 | 0.29 | 81 | Multisector Bonds | POMIX vs JMSIX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.33 | 0.17 | 0.14 | 72 | Large Cap Blend Equities | POMIX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.51 | 0.36 | 0.42 | 69 | Large Cap Blend Equities | POMIX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.62 | 0.71 | 0.81 | 62 | Large Cap Blend Equities | POMIX vs RCKSX | |
| T.Rowe Price International Value Equity Fund | 0.69 | 0.67 | 0.72 | 54 | Foreign Large Cap Equities | POMIX vs TRIGX |
See all 50 diversifiers for POMIX
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