Looking to diversify beyond LPCPX? The mutual funds below have the lowest correlation with LPCPX — 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 LPCPX.
Best Diversifiers for LPCPX
0 mutual funds have low correlation with LPCPX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.35, up from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.35 | 0.22 | 0.15 | 92 | Long-Short | LPCPX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.49 | 0.33 | 0.16 | 67 | Systematic Trend | LPCPX vs ASFYX | |
| Dimensional Retirement Income Fund | 0.73 | 0.74 | 0.72 | 83 | Target Retirement Date | LPCPX vs TDIFX | |
| Fidelity Managed Retirement Income Fund Class K6 | 0.80 | 0.72 | 0.69 | 75 | Target Retirement Date | LPCPX vs FRHMX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.80 | 0.73 | 0.73 | 75 | Target Retirement Date | LPCPX vs FRQHX |
See all 38 diversifiers for LPCPX
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