Looking to diversify beyond LIHIX? The mutual funds below have the lowest correlation with LIHIX — 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 LIHIX.
Best Diversifiers for LIHIX
0 mutual funds have low correlation with LIHIX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Equity Market Neutral Fund Class I (BDMIX) (Equity Market Neutral) with a 1Y correlation of 0.35, up from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Equity Market Neutral Fund Class ... | 0.35 | 0.20 | 0.12 | 96 | Equity Market Neutral | LIHIX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.50 | 0.33 | 0.14 | 51 | Systematic Trend | LIHIX vs ASFYX | |
| Fidelity Select Semiconductors Portfolio | 0.71 | 0.72 | 0.76 | 92 | Semiconductors, Technology Equities | LIHIX vs FSELX | |
| Dimensional Retirement Income Fund | 0.80 | 0.79 | 0.76 | 83 | Target Retirement Date | LIHIX vs TDIFX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.83 | 0.77 | 0.77 | 84 | Target Retirement Date | LIHIX vs FRQHX |
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