Looking to diversify beyond LIFAX? The mutual funds below have the lowest correlation with LIFAX — 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 LIFAX.
Best Diversifiers for LIFAX
4 mutual funds have low correlation with LIFAX (below 0.3), 0 of which are negatively correlated. The least correlated is Lord Abbett Developing Growth Fund (LAGWX) (Small Cap Growth Equities) with a 1Y correlation of 0.02, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lord Abbett Developing Growth Fund | 0.02 | 0.10 | 0.15 | 68 | Small Cap Growth Equities | LIFAX vs LAGWX | |
| Lord Abbett Affiliated Fund | 0.06 | 0.15 | 0.20 | 56 | Large Cap Value Equities | LIFAX vs LAFFX | |
| Allspring Real Return Fund | 0.21 | 0.40 | 0.51 | 92 | Inflation-Protected Bonds | LIFAX vs IPBAX | |
| SEI Multi-Asset Real Return Fund Class A | 0.22 | 0.35 | 0.43 | 81 | Inflation-Protected Bonds | LIFAX vs SEIAX | |
| Lord Abbett Short Duration High Yield Fund | 0.37 | 0.40 | 0.37 | 82 | High Yield Bonds | LIFAX vs LSYAX |
See all 26 diversifiers for LIFAX
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Diversification Analysis
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