Looking to diversify beyond LSDIX? The mutual funds below have the lowest correlation with LSDIX — 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 LSDIX.
Best Diversifiers for LSDIX
7 mutual funds have low correlation with LSDIX (below 0.3), 1 of which are negatively correlated. The least correlated is Leader Short Term High Yield Bond Fund (LCCMX) (Short-Term Bond) with a 1Y correlation of -0.11, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leader Short Term High Yield Bond Fund | -0.11 | 0.04 | 0.15 | 75 | Short-Term Bond | LSDIX vs LCCMX | |
| Gateway Fund | 0.19 | 0.14 | 0.12 | 75 | Options Trading | LSDIX vs GATEX | |
| Gateway Fund Class Y Shares | 0.20 | 0.15 | 0.12 | 76 | Options Trading | LSDIX vs GTEYX | |
| GuidePath Absolute Return Allocation Fund | 0.24 | 0.63 | 0.69 | 74 | Short-Term Bond | LSDIX vs GPARX | |
| DFA Short-Duration Real Return Portfolio | 0.25 | 0.24 | 0.39 | 99 | Short-Term Bond | LSDIX vs DFAIX |
See all 17 diversifiers for LSDIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements LSDIX
Add LSDIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LSDIX