Looking to diversify beyond LAGWX? The mutual funds below have the lowest correlation with LAGWX — 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 LAGWX.
Best Diversifiers for LAGWX
17 mutual funds have low correlation with LAGWX (below 0.3), 0 of which are negatively correlated. The least correlated is Lord Abbett Inflation Focused Fund Class A (LIFAX) (Inflation-Protected Bonds) with a 1Y correlation of 0.04, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lord Abbett Inflation Focused Fund Class A | 0.04 | 0.11 | 0.16 | 68 | Inflation-Protected Bonds | LAGWX vs LIFAX | |
| Lord Abbett Short Duration High Income Municipal B... | 0.07 | 0.10 | 0.09 | 79 | High Yield Muni | LAGWX vs SDHIX | |
| Lord Abbett Inflation Focused Fund | 0.09 | 0.10 | 0.16 | 74 | Inflation-Protected Bonds | LAGWX vs LIFIX | |
| Lord Abbett Short Duration Income Fund | 0.10 | 0.13 | 0.13 | 67 | Short-Term Bond | LAGWX vs LALDX | |
| Lord Abbett Short Duration Income Fund Class R6 | 0.11 | 0.11 | 0.11 | 77 | Short-Term Bond | LAGWX vs LDLVX |
See all 51 diversifiers for LAGWX
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