Looking to diversify beyond LMASX? The mutual funds below have the lowest correlation with LMASX — 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 LMASX.
Best Diversifiers for LMASX
1 mutual funds have low correlation with LMASX (below 0.3), 0 of which are negatively correlated. The least correlated is Western Asset Ultra-Short Income Fund (ARMGX) (Ultrashort Bond) with a 1Y correlation of 0.16, roughly unchanged from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Western Asset Ultra-Short Income Fund | 0.16 | 0.15 | 0.22 | 98 | Ultrashort Bond | LMASX vs ARMGX | |
| Martin Currie SMA-Shares Series EM Fund | 0.38 | 0.45 | 0.52 | 97 | Emerging Markets Diversified | LMASX vs LCSMX | |
| ClearBridge Global Infrastructure Income Fund | 0.44 | 0.45 | 0.55 | 54 | Energy Equities | LMASX vs RGSVX | |
| Franklin U.S. Large Cap Equity Fund | 0.70 | 0.73 | 0.81 | 77 | Large Cap Blend Equities | LMASX vs LMISX | |
| Auer Growth Fund | 0.76 | 0.79 | 0.82 | 83 | Small Cap Blend Equities | LMASX vs AUERX |
See all 32 diversifiers for LMASX
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