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
11 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 0.11, 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 | 0.11 | 0.22 | 0.33 | 99 | Municipal Bonds | LANJX vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.18 | 0.32 | 0.36 | 99 | Municipal Bonds | LANJX vs USMSX | |
| Lord Abbett Developing Growth Fund | 0.18 | 0.11 | 0.11 | 68 | Small Cap Growth Equities | LANJX vs LAGWX | |
| Lord Abbett Affiliated Fund | 0.19 | 0.15 | 0.10 | 56 | Large Cap Value Equities | LANJX vs LAFFX | |
| DFA California Short Term Municipal Bond Portfolio | 0.20 | 0.29 | 0.39 | 99 | Municipal Bonds | LANJX vs DFCMX |
See all 24 diversifiers for LANJX
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