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 Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.37, up from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.37 | 0.23 | 0.14 | 94 | Long-Short | LPJIX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.49 | 0.30 | 0.12 | 54 | Systematic Trend | LPJIX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | 0.77 | 0.74 | 0.80 | 50 | Technology Equities | LPJIX vs BGSAX | |
| Dimensional Retirement Income Fund | 0.79 | 0.80 | 0.76 | 64 | Target Retirement Date | LPJIX vs TDIFX | |
| MFS Lifetime 2025 Fund | 0.83 | 0.85 | 0.88 | 66 | Target Retirement Date | LPJIX vs LTTIX |
See all 70 diversifiers for LPJIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements LPJIX
Add LPJIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LPJIX