Looking to diversify beyond LCRDX? The mutual funds below have the lowest correlation with LCRDX — 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 LCRDX.
Best Diversifiers for LCRDX
12 mutual funds have low correlation with LCRDX (below 0.3), 0 of which are negatively correlated. The least correlated is Rational Special Situations Income Fund (RFXIX) (Multisector Bonds) with a 1Y correlation of 0.10, roughly unchanged from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Rational Special Situations Income Fund | 0.10 | 0.15 | 0.17 | 98 | Multisector Bonds | LCRDX vs RFXIX | |
| Potomac Managed Volatility Fund | 0.12 | 0.33 | 0.25 | 55 | Multisector Bonds | LCRDX vs CRMVX | |
| Doubleline Selective Credit Fund | 0.14 | 0.25 | 0.24 | 95 | Multisector Bonds | LCRDX vs DBSCX | |
| CrossingBridge Responsible Credit Fund | 0.21 | 0.24 | — | 58 | Multisector Bonds | LCRDX vs CBRDX | |
| Nationwide Strategic Income A | 0.21 | 0.25 | 0.29 | 99 | Multisector Bonds | LCRDX vs NWXEX |
See all 36 diversifiers for LCRDX
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