Looking to diversify beyond XPTFX? The mutual funds below have the lowest correlation with XPTFX — 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 XPTFX.
Best Diversifiers for XPTFX
42 mutual funds have low correlation with XPTFX (below 0.3), 37 of which are negatively correlated. The least correlated is Calvert Floating-Rate Advantage Fund (CFOIX) (Bank Loan) with a 1Y correlation of -0.22, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Calvert Floating-Rate Advantage Fund | -0.22 | -0.05 | 0.06 | 60 | Bank Loan | XPTFX vs CFOIX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.21 | -0.05 | 0.06 | 86 | Bank Loan | XPTFX vs PSFIX | |
| Payden Floating Rate Fund | -0.18 | -0.03 | 0.09 | 98 | Bank Loan | XPTFX vs PYFRX | |
| Lord Abbett Floating Rate Fund Class A | -0.17 | -0.03 | 0.08 | 89 | Bank Loan | XPTFX vs LFRAX | |
| PIMCO Low Duration Credit Fund | -0.16 | -0.00 | 0.06 | 79 | Bank Loan | XPTFX vs PSRIX |
See all 42 diversifiers for XPTFX
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