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Looking to diversify beyond LTNYX? The mutual funds below have historically moved differently from LTNYX, 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 LTNYX

18 mutual funds have low correlation with LTNYX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Short-Term Selective State Municipal Bond Portfolio (DFABX) (Municipal Bonds) with a 1Y correlation of 0.09, down from 0.30 over 5 years.

How candidates are selected

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