Looking to diversify beyond LEJIX? The mutual funds below have the lowest correlation with LEJIX — 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 LEJIX.
Best Diversifiers for LEJIX
0 mutual funds have low correlation with LEJIX (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 0.32, 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 | 0.32 | 0.18 | 0.12 | 95 | Long-Short | LEJIX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.48 | 0.30 | 0.10 | 60 | Systematic Trend | LEJIX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | 0.78 | 0.76 | 0.81 | 66 | Technology Equities | LEJIX vs BGSAX | |
| Dimensional Retirement Income Fund | 0.82 | 0.83 | 0.80 | 77 | Target Retirement Date | LEJIX vs TDIFX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.86 | 0.82 | 0.85 | 70 | Large Cap Growth Equities | LEJIX vs NASDX |
See all 46 diversifiers for LEJIX
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