Looking to diversify beyond LCTRX? The mutual funds below have the lowest correlation with LCTRX — 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 LCTRX.
Best Diversifiers for LCTRX
3 mutual funds have low correlation with LCTRX (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 0.11, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO Multi-Sector Fixed Income Fund | 0.11 | 0.13 | 0.11 | 67 | Intermediate Core-Plus Bond | LCTRX vs GUGAX | |
| Federated Hermes Max Cap Index Fund | 0.28 | 0.13 | 0.14 | 85 | Large Cap Blend Equities | LCTRX vs FISPX | |
| American Funds Capital World Growth and Income Fun... | 0.30 | 0.12 | 0.15 | 74 | Global Equities | LCTRX vs CWGIX | |
| Putnam Mortgage Securities Fund | 0.30 | 0.17 | 0.13 | 52 | Intermediate Core-Plus Bond | LCTRX vs PGSIX | |
| AAMA Income Fund | 0.34 | 0.19 | 0.13 | 71 | Intermediate Core-Plus Bond | LCTRX vs AMFIX |
See all 11 diversifiers for LCTRX
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