Looking to diversify beyond LEWIX? The mutual funds below have the lowest correlation with LEWIX — 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 LEWIX.
Best Diversifiers for LEWIX
0 mutual funds have low correlation with LEWIX (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 0.35, up from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Equity Market Neutral Fund Class ... | 0.35 | 0.21 | 0.13 | 96 | Equity Market Neutral | LEWIX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.51 | 0.35 | 0.16 | 51 | Systematic Trend | LEWIX vs ASFYX | |
| Dimensional Retirement Income Fund | 0.78 | 0.76 | 0.73 | 83 | Target Retirement Date | LEWIX vs TDIFX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.81 | 0.73 | 0.74 | 84 | Target Retirement Date | LEWIX vs FRQHX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.81 | 0.74 | 0.74 | 67 | Target Retirement Date | LEWIX vs FRQAX |
See all 45 diversifiers for LEWIX
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