PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Lord Abbett Global Equity Fund (LGCYX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

The fund invests in a diversified portfolio of equity securities of global issuers across all market capitalizations. Under normal conditions, it invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of foreign and U.S. companies. The fund invests at least 40% of its net assets in securities of non-U.S. companies, unless the index designated by the fund as its benchmark includes less than 40% of its net assets in securities of non-U.S. companies, in which case the fund would invest at least 30% of its net assets in such securities.

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

Best Diversifiers for LGCYX

3 mutual funds have low correlation with LGCYX (below 0.3), 0 of which are negatively correlated. The least correlated is Lord Abbett Short Duration Income Fund (LALDX) (Short-Term Bond) with a 1Y correlation of 0.19, roughly unchanged from 0.13 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
LALDX
Lord Abbett Short Duration Income Fund0.190.170.13
61
Short-Term BondLGCYX vs LALDX
LUBYX
Lord Abbett Ultra Short Bond Fund0.220.150.10
98
Ultrashort BondLGCYX vs LUBYX
CSUAX
Cohen & Steers Global Infrastructure Fund Class A0.250.370.54
52
Global EquitiesLGCYX vs CSUAX
LLDYX
Lord Abbett Short Duration Income Fund0.310.140.13
68
Total Bond MarketLGCYX vs LLDYX
RTXAX
Russell Investment Tax-Managed Real Assets Fund0.470.590.70
80
Global EquitiesLGCYX vs RTXAX
See all 33 diversifiers for LGCYX

To view more results, upgrade your current subscription plan.

Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from LGCYX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LGCYX and solid risk/return profiles. The least correlated is Viking Therapeutics, Inc. (VKTX) (Healthcare) with a 1Y correlation of 0.32, roughly unchanged from 0.35 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
VKTX
Viking Therapeutics, Inc.0.320.350.35
61
Healthcare

Rows per page

1–1 of 1

Diversification Analysis

Build a portfolio that complements LGCYX

Add LGCYX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with LGCYX