Looking to diversify beyond LAIEX? The mutual funds below have the lowest correlation with LAIEX — 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 LAIEX.
Best Diversifiers for LAIEX
2 mutual funds have low correlation with LAIEX (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 0.23, roughly unchanged from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lord Abbett Short Duration Income Fund | 0.23 | 0.24 | 0.19 | 67 | Short-Term Bond | LAIEX vs LALDX | |
| Lord Abbett Ultra Short Bond Fund | 0.28 | 0.19 | 0.17 | 98 | Ultrashort Bond | LAIEX vs LUBYX | |
| Lord Abbett Short Duration Income Fund | 0.37 | 0.26 | 0.24 | 68 | Total Bond Market | LAIEX vs LLDYX | |
| Lord Abbett Mid Cap Stock Fund | 0.56 | 0.62 | 0.69 | 62 | Mid Cap Value Equities | LAIEX vs LAVLX | |
| Lord Abbett High Yield Fund | 0.60 | 0.57 | 0.61 | 64 | High Yield Bonds | LAIEX vs LHYAX |
See all 16 diversifiers for LAIEX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements LAIEX
Add LAIEX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LAIEX