Looking to diversify beyond LADYX? The mutual funds below have the lowest correlation with LADYX — 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 LADYX.
Best Diversifiers for LADYX
3 mutual funds have low correlation with LADYX (below 0.3), 0 of which are negatively correlated. The least correlated is Lord Abbett Short Duration Income Fund (LALDX) (Short-Term Bond) with a 1Y correlation of 0.09, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lord Abbett Short Duration Income Fund | 0.09 | 0.12 | 0.12 | 61 | Short-Term Bond | LADYX vs LALDX | |
| Lord Abbett Ultra Short Bond Fund | 0.13 | 0.08 | 0.08 | 98 | Ultrashort Bond | LADYX vs LUBYX | |
| Lord Abbett Short Duration Income Fund | 0.18 | 0.08 | 0.10 | 68 | Total Bond Market | LADYX vs LLDYX | |
| Lord Abbett High Yield Fund | 0.46 | 0.51 | 0.52 | 60 | High Yield Bonds | LADYX vs LHYAX | |
| Lord Abbett Short Duration High Yield Fund | 0.50 | 0.51 | 0.51 | 79 | High Yield Bonds | LADYX vs LSYIX |
See all 30 diversifiers for LADYX
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