Looking to diversify beyond LNGZX? The mutual funds below have the lowest correlation with LNGZX — 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 LNGZX.
Best Diversifiers for LNGZX
0 mutual funds have low correlation with LNGZX (below 0.3), 0 of which are negatively correlated. The least correlated is Columbia Dividend Income Fund Class A (LBSAX) (Large Cap Value Equities) with a 1Y correlation of 0.36, roughly unchanged from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Columbia Dividend Income Fund Class A | 0.36 | 0.34 | 0.33 | 77 | Large Cap Value Equities | LNGZX vs LBSAX | |
| Columbia Dividend Income Fund | 0.37 | 0.34 | 0.33 | 79 | Large Cap Value Equities | LNGZX vs GSFTX | |
| Columbia Dividend Income Fund Institutional 3 Clas... | 0.37 | 0.34 | 0.33 | 79 | Large Cap Value Equities, Dividend | LNGZX vs CDDYX | |
| Columbia Balanced Fund | 0.52 | 0.43 | 0.42 | 54 | Diversified Portfolio | LNGZX vs CBALX | |
| Columbia Global Technology Growth Fund | 0.54 | 0.41 | 0.44 | 77 | Technology Equities | LNGZX vs CMTFX |
See all 17 diversifiers for LNGZX
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