Looking to diversify beyond LMCLX? The mutual funds below have the lowest correlation with LMCLX — 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 LMCLX.
Best Diversifiers for LMCLX
1 mutual funds have low correlation with LMCLX (below 0.3), 1 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of -0.01, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | -0.01 | 0.15 | 0.47 | 67 | Diversified Portfolio | LMCLX vs MHELX | |
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.36 | 0.36 | 0.41 | 99 | Diversified Portfolio | LMCLX vs STDAX | |
| Chartwell Income Fund | 0.37 | 0.42 | 0.49 | 58 | Diversified Portfolio | LMCLX vs BERIX | |
| PGIM Real Assets Fund | 0.37 | 0.54 | 0.61 | 75 | Diversified Portfolio | LMCLX vs PUDZX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.40 | 0.53 | 0.60 | 88 | Diversified Portfolio | LMCLX vs FIQDX |
See all 27 diversifiers for LMCLX
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