Looking to diversify beyond LCIAX? The mutual funds below have the lowest correlation with LCIAX — 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 LCIAX.
Best Diversifiers for LCIAX
4 mutual funds have low correlation with LCIAX (below 0.3), 0 of which are negatively correlated. The least correlated is SEI Tax Exempt Trust Intermediate-Term Municipal Fund (SEIMX) (Municipal Bonds) with a 1Y correlation of 0.17, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Tax Exempt Trust Intermediate-Term Municipal F... | 0.17 | 0.14 | 0.12 | 67 | Municipal Bonds | LCIAX vs SEIMX | |
| SEI Tax Exempt Trust California Municipal Bond Fun... | 0.20 | 0.15 | 0.10 | 54 | Municipal Bonds | LCIAX vs SBDAX | |
| SEI Institutional Investments Trust Opportunistic ... | 0.22 | 0.18 | 0.20 | 100 | Ultrashort Bond | LCIAX vs ENIAX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.27 | 0.14 | 0.12 | 73 | Large Cap Blend Equities | LCIAX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.48 | 0.34 | 0.42 | 72 | Large Cap Blend Equities | LCIAX vs ORDNX |
See all 43 diversifiers for LCIAX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements LCIAX
Add LCIAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LCIAX