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MetLife Core Plus Fund (LPCIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 4, 2026

Under normal circumstances, the fund invests in a portfolio of investment grade, U.S. fixed income securities of any maturity or duration. It also may invest up to 20% of its net assets in any combination of high yield bonds (also known as "junk bonds") and non-U.S. fixed income securities, including emerging market bonds. The fund will invest primarily in U.S. corporate, government, mortgage-backed and asset-backed fixed income securities and privately issued securities, but may also invest in U.S. Treasury interest rate futures, forward currency contracts and credit default swaps.

Looking to diversify beyond LPCIX? The mutual funds below have the lowest correlation with LPCIX — 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 LPCIX.

Best Diversifiers for LPCIX

0 mutual funds have low correlation with LPCIX (below 0.3), 0 of which are negatively correlated. The least correlated is Holbrook Income Fund Class I (HOBIX) (Intermediate Core-Plus Bond) with a 1Y correlation of 0.33, roughly unchanged from 0.37 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
HOBIX
Holbrook Income Fund Class I0.330.330.37
98
Intermediate Core-Plus BondLPCIX vs HOBIX
LCTRX
Leader Capital High Quality Floating Rate Fund Inv...0.350.200.15
90
Intermediate Core-Plus BondLPCIX vs LCTRX
LCTIX
Leader Capital High Quality Income Fund Institutio...0.390.180.13
92
Intermediate Core-Plus BondLPCIX vs LCTIX
GUGAX
GMO Multi-Sector Fixed Income Fund0.730.900.90
74
Intermediate Core-Plus BondLPCIX vs GUGAX
AMFIX
AAMA Income Fund0.740.810.85
72
Intermediate Core-Plus BondLPCIX vs AMFIX
See all 8 diversifiers for LPCIX

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