Looking to diversify beyond LOMAX? The mutual funds below have the lowest correlation with LOMAX — 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 LOMAX.
Best Diversifiers for LOMAX
1 mutual funds have low correlation with LOMAX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity OTC Portfolio (FOCPX) (Large Cap Growth Equities) with a 1Y correlation of 0.12, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity OTC Portfolio | 0.12 | 0.27 | 0.43 | 93 | Large Cap Growth Equities | LOMAX vs FOCPX | |
| Rational Equity Armor Fund | 0.31 | 0.42 | 0.60 | 57 | Large Cap Value Equities | LOMAX vs HDCTX | |
| Nationwide S&P 500 Index Fund | 0.45 | 0.57 | 0.69 | 71 | S&P 500 | LOMAX vs GRISX | |
| Voya Corporate Leaders Trust Fund | 0.51 | 0.69 | 0.76 | 53 | Large Cap Value Equities | LOMAX vs LEXCX | |
| Vanguard International High Dividend Yield Index F... | 0.52 | 0.58 | 0.67 | 73 | Large Cap Value Equities, Dividend, Foreign Large Cap Equities | LOMAX vs VIHAX |
See all 32 diversifiers for LOMAX
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Diversification Analysis
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