Looking to diversify beyond LPJIX? The mutual funds below have the lowest correlation with LPJIX — 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 LPJIX.
Best Diversifiers for LPJIX
0 mutual funds have low correlation with LPJIX (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 0.39, up from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Equity Market Neutral Fund Class ... | 0.39 | 0.23 | 0.14 | 96 | Equity Market Neutral | LPJIX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.47 | 0.31 | 0.11 | 55 | Systematic Trend | LPJIX vs ASFYX | |
| Vanguard Dividend Appreciation Index Fund Admiral ... | 0.79 | 0.81 | 0.84 | 63 | Dividend, Large Cap Blend Equities | LPJIX vs VDADX | |
| Dimensional Retirement Income Fund | 0.81 | 0.80 | 0.77 | 85 | Target Retirement Date | LPJIX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.81 | 0.78 | 0.78 | 68 | Target Retirement Date | LPJIX vs FRQIX |
See all 63 diversifiers for LPJIX
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