Looking to diversify beyond LEEIX? The mutual funds below have the lowest correlation with LEEIX — 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 LEEIX.
Best Diversifiers for LEEIX
0 mutual funds have low correlation with LEEIX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.31, up from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.31 | 0.19 | 0.12 | 92 | Long-Short | LEEIX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.50 | 0.34 | 0.16 | 67 | Systematic Trend | LEEIX vs ASFYX | |
| Dimensional Retirement Income Fund | 0.73 | 0.76 | 0.73 | 83 | Target Retirement Date | LEEIX vs TDIFX | |
| Prudential Day One Income Fund | 0.81 | 0.80 | 0.82 | 85 | Target Retirement Date | LEEIX vs PDAHX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.82 | 0.74 | 0.74 | 69 | Target Retirement Date | LEEIX vs FRQAX |
See all 46 diversifiers for LEEIX
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