Looking to diversify beyond LEIFX? The mutual funds below have the lowest correlation with LEIFX — 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 LEIFX.
Best Diversifiers for LEIFX
77 mutual funds have low correlation with LEIFX (below 0.3), 1 of which are negatively correlated. The least correlated is AMG Yacktman Focused Fund (YAFFX) (Large Cap Value Equities) with a 1Y correlation of -0.06, down from 0.62 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AMG Yacktman Focused Fund | -0.06 | 0.36 | 0.62 | 86 | Large Cap Value Equities | LEIFX vs YAFFX | |
| Fidelity Dividend Growth Fund | 0.04 | 0.42 | 0.67 | 81 | Large Cap Blend Equities, Dividend | LEIFX vs FDGFX | |
| Fidelity Dividend Growth Fund Class K | 0.05 | 0.42 | 0.67 | 72 | Large Cap Value Equities | LEIFX vs FDGKX | |
| GMO U.S. Equity Fund | 0.07 | 0.45 | 0.68 | 87 | Large Cap Value Equities | LEIFX vs GMUEX | |
| Al Frank Fund | 0.09 | 0.50 | 0.73 | 93 | Large Cap Value Equities | LEIFX vs VALAX |
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