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 Needham Growth Fund (NEEGX) (Mid Cap Growth Equities) with a 1Y correlation of 0.72, roughly unchanged from 0.80 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Needham Growth Fund | 0.72 | 0.72 | 0.80 | 82 | Mid Cap Growth Equities | LKSMX vs NEEGX | |
| Needham Growth Fund Institutional Class | 0.73 | 0.73 | 0.80 | 83 | Mid Cap Growth Equities | LKSMX vs NEEIX | |
| Timothy Plan Aggressive Growth Fund | 0.76 | 0.81 | 0.86 | 83 | Mid Cap Growth Equities | LKSMX vs TAAGX | |
| PrimeCap Odyssey Aggressive Growth Fund | 0.76 | 0.79 | 0.84 | 83 | Mid Cap Growth Equities | LKSMX vs POAGX | |
| Vanguard Capital Opportunity Fund Investor Shares | 0.76 | 0.78 | 0.84 | 89 | Mid Cap Growth Equities | LKSMX vs VHCOX |
See all 9 diversifiers for LKSMX
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