Looking to diversify beyond LGVAX? The mutual funds below have the lowest correlation with LGVAX — 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 LGVAX.
Best Diversifiers for LGVAX
0 mutual funds have low correlation with LGVAX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Strategic Value Dividend Fund (SVAIX) (Large Cap Value Equities) with a 1Y correlation of 0.41, down from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund | 0.41 | 0.53 | 0.65 | 78 | Large Cap Value Equities | LGVAX vs SVAIX | |
| Hennessy Cornerstone Value Fund | 0.59 | 0.72 | 0.80 | 81 | Large Cap Value Equities | LGVAX vs HFCVX | |
| Smead Value Fund | 0.64 | 0.78 | 0.84 | 62 | Large Cap Value Equities | LGVAX vs SMVLX | |
| Rational Equity Armor Fund | 0.67 | 0.67 | 0.72 | 55 | Large Cap Value Equities | LGVAX vs HDCTX | |
| Towpath Focus Fund | 0.72 | 0.78 | 0.86 | 85 | Large Cap Value Equities | LGVAX vs TOWFX |
See all 29 diversifiers for LGVAX
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Diversification Analysis
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