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Looking to diversify beyond LEXCX? The mutual funds below have the lowest correlation with LEXCX — 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 LEXCX.

Best Diversifiers for LEXCX

121 mutual funds have low correlation with LEXCX (below 0.3), 5 of which are negatively correlated. The least correlated is Amana Growth Fund Investor Shares (AMAGX) (Large Cap Growth Equities) with a 1Y correlation of -0.10, down from 0.40 over 5 years.


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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from LEXCX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LEXCX and solid risk/return profiles. The least correlated is Eli Lilly and Company (LLY) (Healthcare) with a 1Y correlation of 0.02, down from 0.16 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Eli Lilly and Company0.020.090.16
75
Healthcare
Edison International0.240.340.41
90
Utilities

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Diversification Analysis

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