Looking to diversify beyond XILSX? The mutual funds below have the lowest correlation with XILSX — 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 XILSX.
Best Diversifiers for XILSX
177 mutual funds have low correlation with XILSX (below 0.3), 59 of which are negatively correlated. The least correlated is Osterweis Strategic Income Fund (OSTIX) (High Yield Bonds) with a 1Y correlation of -0.11, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Osterweis Strategic Income Fund | -0.11 | -0.05 | -0.03 | 90 | High Yield Bonds | XILSX vs OSTIX | |
| MainStay MacKay Strategic Bond Fund | -0.10 | -0.04 | -0.02 | 76 | Nontraditional Bonds | XILSX vs MASAX | |
| Chartwell Short Duration High Yield Fund | -0.09 | -0.03 | -0.00 | 97 | High Yield Bonds | XILSX vs CWFIX | |
| T. Rowe Price Credit Opportunities Fund, Inc. | -0.09 | -0.00 | 0.03 | 75 | High Yield Bonds | XILSX vs PAOPX | |
| T. Rowe Price U.S. High Yield Fund | -0.09 | 0.01 | 0.04 | 61 | High Yield Bonds | XILSX vs TUHIX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XILSX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XILSX and solid risk/return profiles. The least correlated is Prologis, Inc. (PLD) (Real Estate) with a 1Y correlation of 0.00, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Prologis, Inc. | 0.00 | 0.04 | 0.04 | 86 | Real Estate |
Build a portfolio that complements XILSX
Add XILSX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XILSX