Looking to diversify beyond LIVKX? The mutual funds below have the lowest correlation with LIVKX — 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 LIVKX.
Best Diversifiers for LIVKX
1 mutual funds have low correlation with LIVKX (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 0.29, 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 | 0.29 | 0.19 | 0.12 | 92 | Long-Short | LIVKX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.50 | 0.34 | 0.16 | 67 | Systematic Trend | LIVKX vs ASFYX | |
| Dimensional Retirement Income Fund | 0.74 | 0.75 | 0.73 | 83 | Target Retirement Date | LIVKX vs TDIFX | |
| Fidelity Freedom Income Fund Class K | 0.80 | 0.70 | 0.69 | 75 | Target Retirement Date | LIVKX vs FNSHX | |
| Prudential Day One Income Fund | 0.81 | 0.80 | 0.82 | 85 | Target Retirement Date | LIVKX vs PDAHX |
See all 63 diversifiers for LIVKX
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