Looking to diversify beyond USIAX? The mutual funds below have the lowest correlation with USIAX — 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 USIAX.
Best Diversifiers for USIAX
6 mutual funds have low correlation with USIAX (below 0.3), 2 of which are negatively correlated. The least correlated is Navigator Ultra Short Term Bond Fund (NUSIX) (Ultrashort Bond) with a 1Y correlation of -1.00, roughly unchanged from -1.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Navigator Ultra Short Term Bond Fund | -1.00 | -1.00 | -1.00 | 100 | Ultrashort Bond | USIAX vs NUSIX | |
| CrossingBridge Ultra-Short Duration Fund | -0.01 | 0.03 | — | 99 | Ultrashort Bond | USIAX vs CBUDX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.02 | -0.03 | 0.04 | 93 | Emerging Markets Diversified | USIAX vs EMPTX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.13 | 0.15 | 0.15 | 100 | Ultrashort Bond | USIAX vs BUBIX | |
| PACE Mortgage-Backed Securities Fixed Income Inves... | 0.15 | 0.13 | 0.20 | 50 | Intermediate Core Bond | USIAX vs PCGTX |
See all 12 diversifiers for USIAX
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