Looking to diversify beyond LMVTX? The mutual funds below have the lowest correlation with LMVTX — 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 LMVTX.
Best Diversifiers for LMVTX
1 mutual funds have low correlation with LMVTX (below 0.3), 0 of which are negatively correlated. The least correlated is Western Asset Ultra-Short Income Fund (ARMGX) (Ultrashort Bond) with a 1Y correlation of 0.25, roughly unchanged from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Western Asset Ultra-Short Income Fund | 0.25 | 0.20 | 0.23 | 98 | Ultrashort Bond | LMVTX vs ARMGX | |
| Federated Hermes Strategic Value Dividend Fund | 0.41 | 0.53 | 0.65 | 78 | Large Cap Value Equities | LMVTX vs SVAIX | |
| ClearBridge Global Infrastructure Income Fund | 0.53 | 0.55 | 0.63 | 54 | Energy Equities | LMVTX vs RGSVX | |
| Martin Currie SMA-Shares Series EM Fund | 0.55 | 0.57 | 0.61 | 97 | Emerging Markets Diversified | LMVTX vs LCSMX | |
| Hennessy Cornerstone Value Fund | 0.58 | 0.72 | 0.80 | 81 | Large Cap Value Equities | LMVTX vs HFCVX |
See all 36 diversifiers for LMVTX
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