Looking to diversify beyond LFIIX? The mutual funds below have the lowest correlation with LFIIX — 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 LFIIX.
Best Diversifiers for LFIIX
0 mutual funds have low correlation with LFIIX (below 0.3), 0 of which are negatively correlated. The least correlated is Dimensional Retirement Income Fund (TDIFX) (Target Retirement Date) with a 1Y correlation of 0.78, roughly unchanged from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.78 | 0.77 | 0.74 | 83 | Target Retirement Date | LFIIX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.80 | 0.74 | 0.74 | 70 | Target Retirement Date | LFIIX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.80 | 0.73 | 0.71 | 70 | Target Retirement Date | LFIIX vs FRIMX | |
| Fidelity Managed Retirement 2010 Fund Class K | 0.80 | 0.73 | 0.74 | 83 | Target Retirement Date | LFIIX vs FRQKX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.80 | 0.74 | 0.74 | 67 | Target Retirement Date | LFIIX vs FRQAX |
See all 50 diversifiers for LFIIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements LFIIX
Add LFIIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LFIIX