Looking to diversify beyond LCEAX? The mutual funds below have historically moved differently from LCEAX, 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 LCEAX
0 mutual funds have low correlation with LCEAX (below 0.3), 0 of which are negatively correlated. The least correlated is Voya Corporate Leaders Trust Fund (LEXCX) (Large Cap Value Equities) with a 1Y correlation of 0.34, down from 0.71 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.35 | 0.59 | 0.71 | 93 | Large Cap Value Equities | LCEAX vs LEXCX | |
| AMG Yacktman Focused Fund | 0.35 | 0.61 | 0.74 | 89 | Large Cap Value Equities | LCEAX vs YAFFX | |
| GQG Partners US Quality Dividend Income Fund | 0.35 | 0.62 | 0.74 | 62 | Quality Factor, Large Cap Value Equities | LCEAX vs GQHPX | |
| Federated Hermes Equity Income Fund | 0.37 | 0.60 | 0.79 | 72 | Dividend, Large Cap Value Equities | LCEAX vs LEIFX | |
| State Street S&P 500 Index Fund Class N | 0.44 | 0.59 | 0.72 | 75 | Large Cap Blend Equities | LCEAX vs SVSPX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for LCEAX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Valero Energy Corporation (VLO) (Energy) with a 1Y correlation of -0.03, down from 0.34 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Valero Energy Corporation | -0.03 | 0.24 | 0.34 | 98 | Energy | |
| Arista Networks, Inc. | 0.25 | 0.32 | 0.40 | 71 | Technology | |
| Vertiv Holdings Co. | 0.29 | 0.35 | 0.44 | 76 | Industrials |
Build a portfolio that complements LCEAX
Add LCEAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LCEAX