Looking to diversify beyond LANYX? The mutual funds below have the lowest correlation with LANYX — 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 LANYX.
Best Diversifiers for LANYX
11 mutual funds have low correlation with LANYX (below 0.3), 0 of which are negatively correlated. The least correlated is Lord Abbett Mid Cap Stock Fund (LAVLX) (Mid Cap Value Equities) with a 1Y correlation of 0.12, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lord Abbett Mid Cap Stock Fund | 0.12 | 0.14 | 0.09 | 51 | Mid Cap Value Equities | LANYX vs LAVLX | |
| Lord Abbett Developing Growth Fund | 0.14 | 0.09 | 0.10 | 68 | Small Cap Growth Equities | LANYX vs LAGWX | |
| DFA Short Term Municipal Bond Portfolio | 0.14 | 0.24 | 0.34 | 99 | Municipal Bonds | LANYX vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.16 | 0.32 | 0.38 | 99 | Municipal Bonds | LANYX vs USMSX | |
| Lord Abbett Affiliated Fund | 0.18 | 0.14 | 0.09 | 54 | Large Cap Value Equities | LANYX vs LAFFX |
See all 25 diversifiers for LANYX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements LANYX
Add LANYX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LANYX