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
47 mutual funds have low correlation with XPTFX (below 0.3), 44 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 | -0.06 | 0.06 | 77 | Bank Loan | XPTFX vs CFOIX | |
| Payden Floating Rate Fund | -0.18 | -0.04 | 0.08 | 98 | Bank Loan | XPTFX vs PYFRX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.18 | -0.05 | 0.06 | 89 | Bank Loan | XPTFX vs PSFIX | |
| Lord Abbett Floating Rate Fund Class A | -0.16 | -0.03 | 0.08 | 95 | Bank Loan | XPTFX vs LFRAX | |
| Pioneer Floating Rate Fund | -0.15 | 0.00 | 0.08 | 86 | Bank Loan | XPTFX vs FLYRX |
See all 47 diversifiers for XPTFX
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