Looking to diversify beyond LBGIX? The mutual funds below have historically moved differently from LBGIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for LBGIX
0 mutual funds have low correlation with LBGIX (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin Income Fund Advisor Class (FRIAX) (Diversified Portfolio) with a 1Y correlation of 0.45, down from 0.56 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin Income Fund Advisor Class | 0.45 | 0.48 | 0.56 | 93 | Diversified Portfolio | LBGIX vs FRIAX | |
| Franklin Income Fund Class A1 | 0.50 | 0.53 | 0.57 | 87 | Diversified Portfolio | LBGIX vs FKINX | |
| Templeton Institutional Fund International Equity ... | 0.66 | 0.64 | 0.66 | 63 | Foreign Large Cap Equities | LBGIX vs TFEQX | |
| Needham Growth Fund | 0.77 | 0.78 | 0.83 | 57 | Mid Cap Growth Equities | LBGIX vs NEEGX | |
| Needham Growth Fund Institutional Class | 0.77 | 0.78 | 0.83 | 53 | Mid Cap Growth Equities | LBGIX vs NEEIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements LBGIX
Add LBGIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LBGIX