Looking to diversify beyond LCRYX? The mutual funds below have the lowest correlation with LCRYX — 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 LCRYX.
Best Diversifiers for LCRYX
1 mutual funds have low correlation with LCRYX (below 0.3), 0 of which are negatively correlated. The least correlated is Lord Abbett Developing Growth Fund (LAGWX) (Small Cap Growth Equities) with a 1Y correlation of 0.24, up from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lord Abbett Developing Growth Fund | 0.24 | 0.17 | 0.13 | 71 | Small Cap Growth Equities | LCRYX vs LAGWX | |
| Lord Abbett Affiliated Fund | 0.30 | 0.21 | 0.13 | 74 | Large Cap Value Equities | LCRYX vs LAFFX | |
| Lord Abbett Mid Cap Stock Fund | 0.30 | 0.24 | 0.14 | 62 | Mid Cap Value Equities | LCRYX vs LAVLX | |
| Lord Abbett High Yield Fund | 0.52 | 0.49 | 0.44 | 64 | High Yield Bonds | LCRYX vs LHYAX | |
| Lord Abbett Short Duration High Yield Fund | 0.54 | 0.50 | 0.44 | 80 | High Yield Bonds | LCRYX vs LSYIX |
See all 13 diversifiers for LCRYX
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