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Looking to diversify beyond LIRIX? The mutual funds below have the lowest correlation with LIRIX — 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 LIRIX.

Best Diversifiers for LIRIX

1 mutual funds have low correlation with LIRIX (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 0.30, up from 0.10 over 5 years.


See all 81 diversifiers for LIRIX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from LIRIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LIRIX and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.08, down from 0.41 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Berkshire Hathaway Inc.0.080.290.41
53
Financial Services

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Diversification Analysis

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Add LIRIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

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