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MetLife Core Plus Fund (LPCIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Aug 1, 2026
Documentation

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 historically moved differently from LPCIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

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 0.37, roughly unchanged from 0.38 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
HOBIX
Holbrook Income Fund Class I0.370.320.38
99
Intermediate Core-Plus BondLPCIX vs HOBIX
MFHIX
MetLife Opportunistic High Yield Fund Institutiona...0.390.360.33
74
High Yield BondsLPCIX vs MFHIX
MFHVX
MetLife Opportunistic High Yield Fund0.440.370.33
73
High Yield BondsLPCIX vs MFHVX
LCTIX
Leader Capital High Quality Income Fund Institutio...0.480.210.15
92
Intermediate Core-Plus BondLPCIX vs LCTIX
LCTRX
Leader Capital High Quality Floating Rate Fund Inv...0.500.240.18
89
Intermediate Core-Plus BondLPCIX vs LCTRX
See all 12 diversifiers for LPCIX

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