Looking to diversify beyond LSIIX? The mutual funds below have the lowest correlation with LSIIX — 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 LSIIX.
Best Diversifiers for LSIIX
6 mutual funds have low correlation with LSIIX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Flex Conservative Income Bond Fund (FJTDX) (Total Bond Market) with a 1Y correlation of 0.07, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Flex Conservative Income Bond Fund | 0.07 | 0.15 | 0.20 | 99 | Total Bond Market | LSIIX vs FJTDX | |
| Fidelity Conservative Income Bond Institutional Cl... | 0.07 | 0.24 | 0.25 | 99 | Total Bond Market | LSIIX vs FCNVX | |
| Loomis Sayles Senior Floating Rate and Fixed Incom... | 0.11 | 0.10 | 0.15 | 64 | Bank Loan | LSIIX vs LSFYX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 0.15 | -0.22 | -0.26 | 99 | Total Bond Market | LSIIX vs JSOSX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 0.23 | 0.41 | 0.48 | 99 | Total Bond Market | LSIIX vs VUBFX |
See all 24 diversifiers for LSIIX
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