Looking to diversify beyond LDMIX? The mutual funds below have the lowest correlation with LDMIX — 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 LDMIX.
Best Diversifiers for LDMIX
1 mutual funds have low correlation with LDMIX (below 0.3), 0 of which are negatively correlated. The least correlated is Lazard Real Assets Portfolio (RALIX) (Global Allocation) with a 1Y correlation of 0.24, down from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lazard Real Assets Portfolio | 0.24 | 0.43 | 0.48 | 59 | Global Allocation | LDMIX vs RALIX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.54 | 0.70 | 0.75 | 87 | Emerging Markets Diversified | LDMIX vs ESCIX | |
| Lazard International Small Cap Equity Portfolio | 0.62 | 0.63 | 0.66 | 73 | Foreign Small & Mid Cap Equities | LDMIX vs LZISX | |
| Wasatch Emerging Markets Small Cap Fund | 0.69 | 0.64 | 0.69 | 62 | Emerging Markets Diversified | LDMIX vs WAEMX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.73 | 0.79 | 0.82 | 92 | Emerging Markets Diversified | LDMIX vs EMPTX |
See all 27 diversifiers for LDMIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements LDMIX
Add LDMIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LDMIX