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 Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.32, up from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.32 | 0.18 | 0.12 | 95 | Long-Short | LIKKX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.48 | 0.32 | 0.12 | 60 | Systematic Trend | LIKKX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | 0.77 | 0.77 | 0.82 | 66 | Technology Equities | LIKKX vs BGSAX | |
| Dimensional Retirement Income Fund | 0.78 | 0.81 | 0.78 | 77 | Target Retirement Date | LIKKX vs TDIFX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.86 | 0.83 | 0.86 | 70 | Large Cap Growth Equities | LIKKX vs NASDX |
See all 50 diversifiers for LIKKX
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