Looking to diversify beyond LMOPX? The mutual funds below have the lowest correlation with LMOPX — 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 LMOPX.
Best Diversifiers for LMOPX
0 mutual funds have low correlation with LMOPX (below 0.3), 0 of which are negatively correlated. The least correlated is Quantified Common Ground Fund (QCGDX) (Mid Cap Blend Equities) with a 1Y correlation of 0.57, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Quantified Common Ground Fund | 0.57 | 0.65 | 0.67 | 61 | Mid Cap Blend Equities | LMOPX vs QCGDX | |
| The Texas Fund | 0.63 | 0.73 | 0.78 | 82 | Mid Cap Blend Equities | LMOPX vs BIGTX | |
| Gabelli Value 25 Fund | 0.63 | 0.73 | 0.79 | 60 | Mid Cap Blend Equities | LMOPX vs GABVX | |
| Tarkio Fund | 0.65 | 0.72 | 0.79 | 68 | Mid Cap Blend Equities | LMOPX vs TARKX | |
| Paradigm Select Fund | 0.68 | 0.73 | 0.79 | 92 | Mid Cap Blend Equities | LMOPX vs PFSLX |
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