Looking to diversify beyond LMVYX? The mutual funds below have the lowest correlation with LMVYX — 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 LMVYX.
Best Diversifiers for LMVYX
3 mutual funds have low correlation with LMVYX (below 0.3), 0 of which are negatively correlated. The least correlated is Lord Abbett Ultra Short Bond Fund (LUBYX) (Ultrashort Bond) with a 1Y correlation of 0.10, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lord Abbett Ultra Short Bond Fund | 0.10 | 0.10 | 0.07 | 98 | Ultrashort Bond | LMVYX vs LUBYX | |
| Lord Abbett Short Duration Income Fund | 0.12 | 0.16 | 0.11 | 67 | Short-Term Bond | LMVYX vs LALDX | |
| Lord Abbett Short Duration Income Fund | 0.21 | 0.11 | 0.10 | 68 | Total Bond Market | LMVYX vs LLDYX | |
| Aegis Value Fund | 0.40 | 0.50 | 0.59 | 87 | Small Cap Value Equities | LMVYX vs AVALX | |
| Lord Abbett High Yield Fund | 0.44 | 0.51 | 0.51 | 64 | High Yield Bonds | LMVYX vs LHYAX |
See all 31 diversifiers for LMVYX
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