Looking to diversify beyond LEXNX? The mutual funds below have the lowest correlation with LEXNX — 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 LEXNX.
Best Diversifiers for LEXNX
6 mutual funds have low correlation with LEXNX (below 0.3), 1 of which are negatively correlated. The least correlated is Voya Corporate Leaders Trust Fund (LEXCX) (Large Cap Value Equities) with a 1Y correlation of -0.05, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | -0.05 | 0.10 | 0.08 | 53 | Large Cap Value Equities | LEXNX vs LEXCX | |
| DFA Short-Term Government Portfolio | 0.26 | 0.08 | 0.32 | 62 | Government Bonds | LEXNX vs DFFGX | |
| Voya Russell Large Cap Index Portfolio | 0.26 | 0.21 | 0.18 | 75 | Large Cap Blend Equities | LEXNX vs IIRLX | |
| GMO U.S. Treasury Fund | 0.26 | 0.12 | 0.09 | 99 | Government Bonds | LEXNX vs GUSTX | |
| Voya Russell Large Cap Value Index Portfolio | 0.27 | 0.24 | 0.18 | 89 | Large Cap Value Equities | LEXNX vs IRVIX |
See all 13 diversifiers for LEXNX
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