Looking to diversify beyond LMOIX? The mutual funds below have the lowest correlation with LMOIX — 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 LMOIX.
Best Diversifiers for LMOIX
0 mutual funds have low correlation with LMOIX (below 0.3), 0 of which are negatively correlated. The least correlated is Needham Small Cap Growth Fund Institutional (NESIX) (Small Cap Growth Equities) with a 1Y correlation of 0.79, roughly unchanged from 0.85 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Needham Small Cap Growth Fund Institutional | 0.79 | 0.82 | 0.85 | 95 | Small Cap Growth Equities | LMOIX vs NESIX | |
| Needham Small Cap Growth Fund | 0.79 | 0.82 | 0.85 | 95 | Small Cap Growth Equities | LMOIX vs NESGX | |
| Oberweis Micro Cap Fund | 0.80 | 0.86 | 0.87 | 91 | Small Cap Growth Equities | LMOIX vs OBMCX | |
| ClearBridge Value Fund Class A | 0.80 | 0.82 | 0.81 | 51 | Large Cap Value Equities | LMOIX vs LGVAX | |
| Needham Aggressive Growth Fund | 0.81 | 0.82 | 0.84 | 93 | Small Cap Growth Equities | LMOIX vs NEAGX |
See all 16 diversifiers for LMOIX
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