Looking to diversify beyond POSIX? The mutual funds below have the lowest correlation with POSIX — 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 POSIX.
Best Diversifiers for POSIX
2 mutual funds have low correlation with POSIX (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.20 | — | — | 98 | REIT | POSIX vs QREARX | |
| Redwood Real Estate Income Fund | -0.02 | — | — | 100 | REIT | POSIX vs CREMX | |
| Principal Tax-Exempt Bond Fund | 0.34 | 0.31 | 0.26 | 62 | Municipal Bonds | POSIX vs PTEAX | |
| Principal Short-Term Income Fund | 0.36 | 0.33 | 0.28 | 78 | Short-Term Bond | POSIX vs SRHQX | |
| Principal Spectrum Preferred and Capital Securitie... | 0.37 | 0.43 | 0.43 | 62 | Preferred Stock/Convertible Bonds | POSIX vs PPSIX |
See all 32 diversifiers for POSIX
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Diversification Analysis
Build a portfolio that complements POSIX
Add POSIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with POSIX