Looking to diversify beyond LKBLX? The mutual funds below have the lowest correlation with LKBLX — 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 LKBLX.
Best Diversifiers for LKBLX
2 mutual funds have low correlation with LKBLX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.01, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.01 | 0.14 | 0.49 | 67 | Diversified Portfolio | LKBLX vs MHELX | |
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.28 | 0.34 | 0.38 | 99 | Diversified Portfolio | LKBLX vs STDAX | |
| Standpoint Multi-Asset Fund Institutional | 0.36 | 0.47 | 0.53 | 81 | Diversified Portfolio | LKBLX vs BLNDX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.40 | 0.57 | 0.64 | 82 | Diversified Portfolio | LKBLX vs FCSRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.42 | 0.57 | 0.64 | 86 | Diversified Portfolio | LKBLX vs FSIRX |
See all 20 diversifiers for LKBLX
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