Looking to diversify beyond LSSIX? The mutual funds below have historically moved differently from LSSIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for LSSIX
0 mutual funds have low correlation with LSSIX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes MDT Small Cap Growth Fund (QISGX) (Small Cap Growth Equities) with a 1Y correlation of 0.45, down from 0.80 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes MDT Small Cap Growth Fund | 0.45 | 0.66 | 0.80 | 63 | Small Cap Growth Equities | LSSIX vs QISGX | |
| Fidelity International Index Fund | 0.54 | 0.58 | 0.63 | 64 | Foreign Large Cap Equities | LSSIX vs FSPSX | |
| Loomis Sayles Institutional High Income Fund | 0.58 | 0.58 | 0.61 | 88 | High Yield Bonds | LSSIX vs LSHIX | |
| T. Rowe Price Overseas Stock Fund | 0.59 | 0.64 | 0.69 | 60 | Foreign Large Cap Equities | LSSIX vs TROSX | |
| Loomis Sayles High Income Opps Fund | 0.61 | 0.58 | 0.59 | 91 | High Yield Bonds | LSSIX vs LSIOX |
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