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 0.23, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.23 | 0.37 | 0.53 | 97 | Semiconductors, Technology Equities | LLPFX vs FSELX | |
| Fidelity OTC Portfolio | 0.23 | 0.38 | 0.57 | 92 | Large Cap Growth Equities | LLPFX vs FOCPX | |
| Voya Corporate Leaders Trust Fund | 0.35 | 0.53 | 0.62 | 52 | Large Cap Value Equities | LLPFX vs LEXCX | |
| Rational Equity Armor Fund | 0.38 | 0.48 | 0.59 | 55 | Large Cap Value Equities | LLPFX vs HDCTX | |
| Federated Hermes Strategic Value Dividend Fund | 0.46 | 0.55 | 0.63 | 65 | Large Cap Value Equities | LLPFX vs SVAIX |
See all 32 diversifiers for LLPFX
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