Looking to diversify beyond LGPIX? The mutual funds below have the lowest correlation with LGPIX — 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 LGPIX.
Best Diversifiers for LGPIX
0 mutual funds have low correlation with LGPIX (below 0.3), 0 of which are negatively correlated. The least correlated is ProFunds Biotechnology UltraSector Fund (BIPIX) (Leveraged Equities) with a 1Y correlation of 0.44, down from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds Biotechnology UltraSector Fund | 0.44 | 0.46 | 0.54 | 85 | Leveraged Equities | LGPIX vs BIPIX | |
| Baron Partners Fund | 0.52 | 0.62 | 0.70 | 72 | Large Cap Growth Equities | LGPIX vs BPTRX | |
| ICON Equity Fund | 0.60 | 0.57 | 0.69 | 84 | Large Cap Growth Equities | LGPIX vs IOLZX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.68 | 0.63 | 0.69 | 61 | Foreign Large Cap Equities | LGPIX vs VTMGX | |
| ProFunds UltraJapan Fund | 0.69 | 0.64 | 0.66 | 95 | Leveraged Equities | LGPIX vs UJPIX |
See all 32 diversifiers for LGPIX
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