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AlphaCentric LifeSci Healthcare Fund (LYFIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 14, 2026

The investment seeks long-term capital appreciation. The fund will invest at least 80% of its net assets plus borrowings for investment purposes in the securities of companies in the life sciences and healthcare sectors, which the advisor defines to be the category of companies related to producing or supplying facilities, supplies, technology, pharmaceuticals, equipment, devices or services for the preservation and care of a person's health. It will invest in the equity securities, primarily common stock, of these companies and may also invest, from time to time, in ETFs that primarily invest in these companies. It is non-diversified.

Looking to diversify beyond LYFIX? The mutual funds below have the lowest correlation with LYFIX — 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 LYFIX.

Best Diversifiers for LYFIX

0 mutual funds have low correlation with LYFIX (below 0.3), 0 of which are negatively correlated. The least correlated is AlphaCentric Symmetry Strategy Fund Class I (SYMIX) (Multistrategy) with a 1Y correlation of 0.30, roughly unchanged from 0.33 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SYMIX
AlphaCentric Symmetry Strategy Fund Class I0.300.380.33
56
MultistrategyLYFIX vs SYMIX
THW
abrdn World Healthcare Fund0.620.550.51
85
Health & Biotech EquitiesLYFIX vs THW
LOGSX
Live Oak Health Sciences Fund0.690.660.62
52
Health & Biotech EquitiesLYFIX vs LOGSX
FPHAX
Fidelity Select Pharmaceuticals Portfolio0.800.720.69
80
Health & Biotech EquitiesLYFIX vs FPHAX
VGHAX
Vanguard Health Care Fund Admiral Shares0.810.760.73
59
Health & Biotech EquitiesLYFIX vs VGHAX
See all 28 diversifiers for LYFIX

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