Looking to diversify beyond LIFIX? The mutual funds below have the lowest correlation with LIFIX — 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 LIFIX.
Best Diversifiers for LIFIX
4 mutual funds have low correlation with LIFIX (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 0.09, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lord Abbett Developing Growth Fund | 0.09 | 0.10 | 0.16 | 71 | Small Cap Growth Equities | LIFIX vs LAGWX | |
| Lord Abbett Mid Cap Stock Fund | 0.14 | 0.19 | 0.22 | 62 | Mid Cap Value Equities | LIFIX vs LAVLX | |
| Lord Abbett Affiliated Fund | 0.15 | 0.19 | 0.21 | 74 | Large Cap Value Equities | LIFIX vs LAFFX | |
| Allspring Real Return Fund | 0.23 | 0.38 | 0.51 | 87 | Inflation-Protected Bonds | LIFIX vs IPBAX | |
| Lord Abbett Short Duration Income Fund | 0.42 | 0.49 | 0.45 | 68 | Total Bond Market | LIFIX vs LLDYX |
See all 24 diversifiers for LIFIX
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Diversification Analysis
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