Looking to diversify beyond LPDIX? The mutual funds below have historically moved differently from LPDIX, 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 LPDIX
0 mutual funds have low correlation with LPDIX (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 0.42, 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 ... | 0.42 | 0.24 | 0.16 | 97 | Equity Market Neutral | LPDIX vs BDMIX | |
| Virtus AlphaSimplex Managed Futures Strategy Fund ... | 0.47 | 0.34 | 0.15 | 66 | Systematic Trend | LPDIX vs ASFYX | |
| BlackRock Enhanced Equity Dividend Trust | 0.65 | 0.65 | 0.71 | 64 | Derivative Income | LPDIX vs BDJ | |
| Vanguard Tax-Managed Small-Cap Fund Admiral Shares | 0.76 | 0.77 | 0.81 | 84 | Small Cap Blend Equities | LPDIX vs VTMSX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 0.78 | 0.70 | 0.64 | 53 | Target Retirement Date | LPDIX vs DRIQX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements LPDIX
Add LPDIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LPDIX