Looking to diversify beyond LCTIX? The mutual funds below have historically moved differently from LCTIX, 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 LCTIX
2 mutual funds have low correlation with LCTIX (below 0.3), 0 of which are negatively correlated. The least correlated is GMO Multi-Sector Fixed Income Fund (GUGAX) (Intermediate Core-Plus Bond) with a 1Y correlation of 0.12, roughly unchanged from 0.10 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO Multi-Sector Fixed Income Fund | 0.12 | 0.11 | 0.10 | 89 | Intermediate Core-Plus Bond | LCTIX vs GUGAX | |
| Nationwide Amundi Strategic Income Fund | 0.14 | 0.12 | 0.08 | 99 | Multisector Bonds | LCTIX vs NWXHX | |
| Putnam Mortgage Securities Fund | 0.37 | 0.18 | 0.13 | 51 | Intermediate Core-Plus Bond | LCTIX vs PGSIX | |
| Holbrook Income Fund Class I | 0.43 | 0.25 | 0.20 | 98 | Intermediate Core-Plus Bond | LCTIX vs HOBIX | |
| AAMA Income Fund | 0.44 | 0.21 | 0.12 | 77 | Intermediate Core-Plus Bond | LCTIX vs AMFIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements LCTIX
Add LCTIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LCTIX