Looking to diversify beyond LLPFX? The mutual funds below have the lowest correlation with LLPFX — 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 LLPFX.
Best Diversifiers for LLPFX
2 mutual funds have low correlation with LLPFX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.20, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.20 | 0.37 | 0.53 | 94 | Semiconductors, Technology Equities | LLPFX vs FSELX | |
| Fidelity OTC Portfolio | 0.24 | 0.38 | 0.57 | 85 | Large Cap Growth Equities | LLPFX vs FOCPX | |
| Federated Hermes Strategic Value Dividend Fund | 0.47 | 0.54 | 0.63 | 82 | Large Cap Value Equities | LLPFX vs SVAIX | |
| Buffalo Flexible Income Fund | 0.48 | 0.58 | 0.68 | 52 | Large Cap Value Equities | LLPFX vs BUFBX | |
| Neiman Large Cap Value Fund | 0.48 | 0.63 | 0.72 | 92 | Large Cap Value Equities | LLPFX vs NEIMX |
See all 35 diversifiers for LLPFX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements LLPFX
Add LLPFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LLPFX