Looking to diversify beyond LEHIX? The mutual funds below have the lowest correlation with LEHIX — 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 LEHIX.
Best Diversifiers for LEHIX
0 mutual funds have low correlation with LEHIX (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 0.34, up from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.34 | 0.20 | 0.13 | 95 | Long-Short | LEHIX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.49 | 0.33 | 0.14 | 60 | Systematic Trend | LEHIX vs ASFYX | |
| Dimensional Retirement Income Fund | 0.79 | 0.78 | 0.75 | 77 | Target Retirement Date | LEHIX vs TDIFX | |
| BlackRock Technology Opportunities Fund Investor A | 0.79 | 0.78 | 0.83 | 66 | Technology Equities | LEHIX vs BGSAX | |
| MFS Lifetime 2025 Fund | 0.84 | 0.84 | 0.88 | 61 | Target Retirement Date | LEHIX vs LTTIX |
See all 61 diversifiers for LEHIX
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