Looking to diversify beyond LMLCX? The mutual funds below have the lowest correlation with LMLCX — 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 LMLCX.
Best Diversifiers for LMLCX
0 mutual funds have low correlation with LMLCX (below 0.3), 0 of which are negatively correlated. The least correlated is Martin Currie SMA-Shares Series EM Fund (LCSMX) (Emerging Markets Diversified) with a 1Y correlation of 0.32, roughly unchanged from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Martin Currie SMA-Shares Series EM Fund | 0.32 | 0.26 | 0.30 | 97 | Emerging Markets Diversified | LMLCX vs LCSMX | |
| Western Asset Ultra-Short Income Fund | 0.35 | 0.32 | 0.37 | 98 | Ultrashort Bond | LMLCX vs ARMGX | |
| ClearBridge Global Infrastructure Income Fund | 0.46 | 0.51 | 0.49 | 54 | Energy Equities | LMLCX vs RGSVX | |
| Franklin U.S. Large Cap Equity Fund | 0.48 | 0.35 | 0.39 | 77 | Large Cap Blend Equities | LMLCX vs LMISX | |
| Miller Intermediate Bond Fund | 0.52 | 0.42 | 0.45 | 91 | Corporate Bonds | LMLCX vs MIFIX |
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