Looking to diversify beyond LANJX? The mutual funds below have the lowest correlation with LANJX — 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 LANJX.
Best Diversifiers for LANJX
12 mutual funds have low correlation with LANJX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Short Term Municipal Bond Portfolio (DFSMX) (Municipal Bonds) with a 1Y correlation of 0.10, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.10 | 0.22 | 0.33 | 99 | Municipal Bonds | LANJX vs DFSMX | |
| Lord Abbett Mid Cap Stock Fund | 0.16 | 0.17 | 0.10 | 66 | Mid Cap Value Equities | LANJX vs LAVLX | |
| Lord Abbett Developing Growth Fund | 0.20 | 0.12 | 0.11 | 74 | Small Cap Growth Equities | LANJX vs LAGWX | |
| DFA California Short Term Municipal Bond Portfolio | 0.20 | 0.29 | 0.39 | 99 | Municipal Bonds | LANJX vs DFCMX | |
| Lord Abbett Affiliated Fund | 0.21 | 0.16 | 0.10 | 77 | Large Cap Value Equities | LANJX vs LAFFX |
See all 28 diversifiers for LANJX
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