Looking to diversify beyond VMSIX? The mutual funds below have the lowest correlation with VMSIX — 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 VMSIX.
Best Diversifiers for VMSIX
5 mutual funds have low correlation with VMSIX (below 0.3), 0 of which are negatively correlated. The least correlated is Nationwide Strategic Income A (NWXEX) (Multisector Bonds) with a 1Y correlation of 0.10, down from 0.30 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Nationwide Strategic Income A | 0.10 | 0.30 | — | 99 | Multisector Bonds | VMSIX vs NWXEX | |
| Nationwide Amundi Strategic Income Fund | 0.16 | 0.30 | — | 99 | Multisector Bonds | VMSIX vs NWXHX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.19 | 0.25 | — | 100 | Ultrashort Bond | VMSIX vs BUBIX | |
| CrossingBridge Responsible Credit Fund | 0.22 | 0.25 | — | 58 | Multisector Bonds | VMSIX vs CBRDX | |
| CrossingBridge Low Duration High Yield Fund | 0.29 | 0.29 | — | 97 | Multisector Bonds | VMSIX vs CBLDX |
See all 41 diversifiers for VMSIX
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