Looking to diversify beyond LISDX? The mutual funds below have the lowest correlation with LISDX — 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 LISDX.
Best Diversifiers for LISDX
14 mutual funds have low correlation with LISDX (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 0.00, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | 0.00 | 0.22 | 0.25 | 95 | Municipal Bonds | LISDX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.08 | 0.22 | 0.25 | 94 | Municipal Bonds | LISDX vs DMREX | |
| Lord Abbett Developing Growth Fund | 0.14 | 0.07 | 0.09 | 71 | Small Cap Growth Equities | LISDX vs LAGWX | |
| DFA NY Municipal Bond Portfolio | 0.20 | 0.32 | 0.43 | 99 | Municipal Bonds | LISDX vs DNYMX | |
| Lord Abbett Mid Cap Stock Fund | 0.22 | 0.15 | 0.10 | 62 | Mid Cap Value Equities | LISDX vs LAVLX |
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