Looking to diversify beyond LVPIX? The mutual funds below have the lowest correlation with LVPIX — 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 LVPIX.
Best Diversifiers for LVPIX
0 mutual funds have low correlation with LVPIX (below 0.3), 0 of which are negatively correlated. The least correlated is ProFunds Semiconductor UltraSector Fund (SMPIX) (Leveraged Equities) with a 1Y correlation of 0.30, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds Semiconductor UltraSector Fund | 0.30 | 0.38 | 0.51 | 92 | Leveraged Equities | LVPIX vs SMPIX | |
| Voya Corporate Leaders Trust Fund | 0.39 | 0.62 | 0.72 | 52 | Large Cap Value Equities | LVPIX vs LEXCX | |
| Fidelity Advisor Large Cap Fund Class I | 0.45 | 0.71 | 0.83 | 62 | Large Cap Value Equities | LVPIX vs FALIX | |
| Fidelity Advisor Large Cap Fund Class C | 0.46 | 0.71 | 0.83 | 60 | Large Cap Value Equities | LVPIX vs FLCCX | |
| Fidelity Advisor Large Cap Fund Class M | 0.46 | 0.71 | 0.83 | 61 | Large Cap Value Equities | LVPIX vs FALGX |
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