Looking to diversify beyond LPCPX? The mutual funds below have historically moved differently from LPCPX, 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 LPCPX
0 mutual funds have low correlation with LPCPX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Equity Market Neutral Fund Class I (BDMIX) (Equity Market Neutral) with a 1Y correlation of 0.40, up from 0.16 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Equity Market Neutral Fund Class ... | 0.40 | 0.24 | 0.16 | 97 | Equity Market Neutral | LPCPX vs BDMIX | |
| BlackRock Global Equity Market Neutral Fund Invest... | 0.42 | 0.24 | 0.16 | 97 | Equity Market Neutral | LPCPX vs BDMAX | |
| Virtus AlphaSimplex Managed Futures Strategy Fund ... | 0.47 | 0.34 | 0.15 | 66 | Systematic Trend | LPCPX vs ASFYX | |
| BlackRock Strategic Income Opportunities Fund Clas... | 0.54 | 0.39 | 0.38 | 64 | Total Bond Market | LPCPX vs BSIIX | |
| BlackRock Enhanced Equity Dividend Trust | 0.66 | 0.65 | 0.70 | 64 | Derivative Income | LPCPX vs BDJ |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements LPCPX
Add LPCPX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LPCPX