Looking to diversify beyond LEAIX? The mutual funds below have the lowest correlation with LEAIX — 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 LEAIX.
Best Diversifiers for LEAIX
1 mutual funds have low correlation with LEAIX (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 0.27, down from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lazard Real Assets Portfolio | 0.27 | 0.43 | 0.48 | 63 | Global Allocation | LEAIX vs RALIX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.52 | 0.66 | 0.73 | 87 | Emerging Markets Diversified | LEAIX vs ESCIX | |
| Lazard International Small Cap Equity Portfolio | 0.61 | 0.61 | 0.66 | 75 | Foreign Small & Mid Cap Equities | LEAIX vs LZISX | |
| Wasatch Emerging Markets Small Cap Fund | 0.69 | 0.63 | 0.68 | 69 | Emerging Markets Diversified | LEAIX vs WAEMX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.74 | 0.81 | 0.84 | 93 | Emerging Markets Diversified | LEAIX vs EMPTX |
See all 28 diversifiers for LEAIX
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Diversification Analysis
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