Looking to diversify beyond LSIOX? The mutual funds below have the lowest correlation with LSIOX — 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 LSIOX.
Best Diversifiers for LSIOX
4 mutual funds have low correlation with LSIOX (below 0.3), 2 of which are negatively correlated. The least correlated is Pioneer ILS Interval Fund (XILSX) (High Yield Bonds) with a 1Y correlation of -0.05, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.05 | -0.03 | -0.01 | 100 | High Yield Bonds | LSIOX vs XILSX | |
| Cliffwater Corporate Lending Fund | -0.01 | 0.08 | 0.10 | 100 | High Yield Bonds | LSIOX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.09 | 0.16 | 0.26 | 99 | High Yield Bonds | LSIOX vs RPHIX | |
| T. Rowe Price Floating Rate Fund | 0.28 | 0.32 | 0.42 | 95 | High Yield Bonds | LSIOX vs PRFRX | |
| RiverPark Strategic Income Fund | 0.33 | 0.33 | 0.42 | 65 | High Yield Bonds | LSIOX vs RSIIX |
See all 27 diversifiers for LSIOX
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