Looking to diversify beyond LGRRX? The mutual funds below have the lowest correlation with LGRRX — 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 LGRRX.
Best Diversifiers for LGRRX
2 mutual funds have low correlation with LGRRX (below 0.3), 0 of which are negatively correlated. The least correlated is Loomis Sayles Limited Term Government And Agency Fund (NEFLX) (Government Bonds) with a 1Y correlation of 0.21, up from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Loomis Sayles Limited Term Government And Agency F... | 0.21 | 0.11 | 0.10 | 52 | Government Bonds | LGRRX vs NEFLX | |
| Loomis Sayles Senior Floating Rate and Fixed Incom... | 0.28 | 0.22 | 0.23 | 64 | Bank Loan | LGRRX vs LSFYX | |
| ICON Equity Fund | 0.39 | 0.44 | 0.62 | 84 | Large Cap Growth Equities | LGRRX vs IOLZX | |
| Natixis Funds Trust I Vaughan Nelson Small Cap Val... | 0.41 | 0.56 | 0.67 | 56 | Small Cap Blend Equities | LGRRX vs NEFJX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.49 | 0.54 | 0.65 | 61 | Foreign Large Cap Equities | LGRRX vs VTMGX |
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