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Lord Abbett Micro Cap Growth Fund (LMIYX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

Under normal conditions, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of micro-cap companies. It uses fundamental analysis to look for micro-cap companies that appear to have the potential for more rapid growth than the overall economy.

Looking to diversify beyond LMIYX? The mutual funds below have the lowest correlation with LMIYX — 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 LMIYX.

Best Diversifiers for LMIYX

3 mutual funds have low correlation with LMIYX (below 0.3), 0 of which are negatively correlated. The least correlated is Lord Abbett Short Duration Income Fund (LALDX) (Short-Term Bond) with a 1Y correlation of 0.11, roughly unchanged from 0.13 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
LALDX
Lord Abbett Short Duration Income Fund0.110.140.13
67
Short-Term BondLMIYX vs LALDX
LUBYX
Lord Abbett Ultra Short Bond Fund0.130.090.08
98
Ultrashort BondLMIYX vs LUBYX
LLDYX
Lord Abbett Short Duration Income Fund0.220.110.11
68
Total Bond MarketLMIYX vs LLDYX
LHYAX
Lord Abbett High Yield Fund0.480.510.51
64
High Yield BondsLMIYX vs LHYAX
LSYAX
Lord Abbett Short Duration High Yield Fund0.530.520.50
77
High Yield BondsLMIYX vs LSYAX
See all 21 diversifiers for LMIYX

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