Looking to diversify beyond LKSMX? The mutual funds below have the lowest correlation with LKSMX — 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 LKSMX.
Best Diversifiers for LKSMX
0 mutual funds have low correlation with LKSMX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Focused Growth Fund (BFGFX) (Mid Cap Growth Equities) with a 1Y correlation of 0.66, down from 0.80 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Focused Growth Fund | 0.66 | 0.76 | 0.80 | 53 | Mid Cap Growth Equities | LKSMX vs BFGFX | |
| Essex Environmental Opportunities Fund | 0.66 | 0.76 | 0.81 | 63 | Mid Cap Growth Equities | LKSMX vs EEOFX | |
| Needham Growth Fund | 0.71 | 0.73 | 0.80 | 92 | Mid Cap Growth Equities | LKSMX vs NEEGX | |
| Needham Growth Fund Institutional Class | 0.71 | 0.73 | 0.80 | 92 | Mid Cap Growth Equities | LKSMX vs NEEIX | |
| PrimeCap Odyssey Aggressive Growth Fund | 0.75 | 0.79 | 0.84 | 83 | Mid Cap Growth Equities | LKSMX vs POAGX |
See all 12 diversifiers for LKSMX
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