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 Equity Market Neutral Fund Class I (BDMIX) (Equity Market Neutral) with a 1Y correlation of 0.34, up from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Equity Market Neutral Fund Class ... | 0.34 | 0.20 | 0.12 | 96 | Equity Market Neutral | LEJIX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.49 | 0.31 | 0.10 | 51 | Systematic Trend | LEJIX vs ASFYX | |
| Dimensional Retirement Income Fund | 0.83 | 0.83 | 0.80 | 83 | Target Retirement Date | LEJIX vs TDIFX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.85 | 0.82 | 0.85 | 59 | Large Cap Growth Equities | LEJIX vs NASDX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.85 | 0.82 | 0.82 | 84 | Target Retirement Date | LEJIX vs FRQHX |
See all 46 diversifiers for LEJIX
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