Looking to diversify beyond LSFIX? The mutual funds below have the lowest correlation with LSFIX — 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 LSFIX.
Best Diversifiers for LSFIX
5 mutual funds have low correlation with LSFIX (below 0.3), 1 of which are negatively correlated. The least correlated is Nationwide Strategic Income A (NWXEX) (Multisector Bonds) with a 1Y correlation of -0.00, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Nationwide Strategic Income A | -0.00 | 0.25 | 0.17 | 99 | Multisector Bonds | LSFIX vs NWXEX | |
| Nationwide Amundi Strategic Income Fund | 0.13 | 0.27 | 0.18 | 99 | Multisector Bonds | LSFIX vs NWXHX | |
| CrossingBridge Responsible Credit Fund | 0.15 | 0.15 | — | 68 | Multisector Bonds | LSFIX vs CBRDX | |
| CrossingBridge Low Duration High Yield Fund | 0.24 | 0.22 | 0.24 | 97 | Multisector Bonds | LSFIX vs CBLDX | |
| Potomac Managed Volatility Fund | 0.29 | 0.50 | 0.33 | 69 | Multisector Bonds | LSFIX vs CRMVX |
See all 23 diversifiers for LSFIX
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