Looking to diversify beyond LISAX? The mutual funds below have the lowest correlation with LISAX — 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 LISAX.
Best Diversifiers for LISAX
13 mutual funds have low correlation with LISAX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of 0.01, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | 0.01 | 0.21 | 0.23 | 95 | Municipal Bonds | LISAX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.03 | 0.23 | 0.24 | 94 | Municipal Bonds | LISAX vs DMREX | |
| Lord Abbett Developing Growth Fund | 0.12 | 0.08 | 0.10 | 71 | Small Cap Growth Equities | LISAX vs LAGWX | |
| Lord Abbett Mid Cap Stock Fund | 0.16 | 0.15 | 0.09 | 62 | Mid Cap Value Equities | LISAX vs LAVLX | |
| JPMorgan Ultra-Short Municipal Fund | 0.20 | 0.33 | 0.40 | 99 | Municipal Bonds | LISAX vs USMSX |
See all 32 diversifiers for LISAX
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