Looking to diversify beyond LIKKX? The mutual funds below have the lowest correlation with LIKKX — 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 LIKKX.
Best Diversifiers for LIKKX
0 mutual funds have low correlation with LIKKX (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 0.33, up from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Equity Market Neutral Fund Class ... | 0.33 | 0.19 | 0.11 | 96 | Equity Market Neutral | LIKKX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.50 | 0.32 | 0.12 | 51 | Systematic Trend | LIKKX vs ASFYX | |
| Dimensional Retirement Income Fund | 0.82 | 0.81 | 0.78 | 83 | Target Retirement Date | LIKKX vs TDIFX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.84 | 0.80 | 0.80 | 84 | Target Retirement Date | LIKKX vs FRQHX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.84 | 0.80 | 0.79 | 70 | Target Retirement Date | LIKKX vs FRQIX |
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