Looking to diversify beyond LDRAX? The mutual funds below have the lowest correlation with LDRAX — 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 LDRAX.
Best Diversifiers for LDRAX
4 mutual funds have low correlation with LDRAX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Multi-Asset Real Return Fund Class A (SEIAX) (Inflation-Protected Bonds) with a 1Y correlation of -0.14, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Multi-Asset Real Return Fund Class A | -0.14 | 0.12 | 0.10 | 66 | Inflation-Protected Bonds | LDRAX vs SEIAX | |
| SEI Institutional Investments Trust Opportunistic ... | 0.16 | 0.27 | 0.22 | 99 | Ultrashort Bond | LDRAX vs ENIAX | |
| SEI Institutional International Trust Emerging Mar... | 0.23 | 0.16 | 0.10 | 78 | Emerging Markets Diversified | LDRAX vs SIEMX | |
| SEI Institutional Investments Trust Emerging Marke... | 0.24 | 0.17 | 0.11 | 79 | Emerging Markets Diversified | LDRAX vs SMQFX | |
| SEI Institutional Investments Trust Dynamic Asset ... | 0.31 | 0.19 | 0.11 | 51 | Large Cap Blend Equities | LDRAX vs SDLAX |
See all 38 diversifiers for LDRAX
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