Looking to diversify beyond LIVIX? The mutual funds below have the lowest correlation with LIVIX — 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 LIVIX.
Best Diversifiers for LIVIX
26 mutual funds have low correlation with LIVIX (below 0.3), 5 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.19, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.19 | -0.01 | 0.12 | 73 | Diversified Portfolio | LIVIX vs SIFAX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.09 | -0.01 | 0.01 | 98 | Municipal Bonds | LIVIX vs TFCYX | |
| BlackRock Energy Opportunities Fund | -0.03 | 0.25 | 0.38 | 69 | Energy Equities | LIVIX vs BACAX | |
| BlackRock Energy Opportunities Fund | -0.03 | 0.25 | 0.38 | 71 | Energy Equities | LIVIX vs BACIX | |
| BlackRock Tactical Opportunities Fund Institutiona... | -0.02 | 0.26 | 0.21 | 66 | Tactical Allocation | LIVIX vs PBAIX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LIVIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LIVIX and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.43, down from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.43 | 0.45 | 0.56 | 89 | Technology |
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