Looking to diversify beyond POSKX? The mutual funds below have the lowest correlation with POSKX — 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 POSKX.
Best Diversifiers for POSKX
3 mutual funds have low correlation with POSKX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes MDT All Cap Core Fund Class R6 (QKACX) (Large Cap Blend Equities) with a 1Y correlation of 0.25, down from 0.73 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes MDT All Cap Core Fund Class R6 | 0.25 | 0.53 | 0.73 | 51 | Large Cap Blend Equities | POSKX vs QKACX | |
| Federated Hermes MDT All Cap Core Fund | 0.26 | 0.53 | 0.73 | 51 | Large Cap Blend Equities | POSKX vs QIACX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.30 | 0.16 | 0.11 | 95 | Large Cap Blend Equities | POSKX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.44 | 0.34 | 0.40 | 69 | Large Cap Blend Equities | POSKX vs ORDNX | |
| Barrett Opportunity Fund | 0.53 | 0.68 | 0.79 | 72 | Large Cap Blend Equities | POSKX vs SAOPX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from POSKX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to POSKX and solid risk/return profiles. The least correlated is Realty Income Corporation (O) (Real Estate) with a 1Y correlation of 0.02, down from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Realty Income Corporation | 0.02 | 0.18 | 0.31 | 72 | Real Estate | |
| Medical Properties Trust, Inc | 0.15 | 0.29 | 0.36 | 60 | Real Estate |
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