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Lazard Equity Franchise Portfolio (LZFIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The Portfolio invests primarily in equity securities, principally common stocks, of U.S. and non-U.S. companies, including those in emerging markets. It normally invests in equity securities listed on a national or other recognized securities exchange of companies that the Investment Manager considers to have an "economic franchise," meaning companies that have historically shown an ability to generate unleveraged returns, at or above their cost of capital, for long periods of time. The Portfolio may invest in the equity securities of any size company. It is non-diversified.

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

Best Diversifiers for LZFIX

4 mutual funds have low correlation with LZFIX (below 0.3), 0 of which are negatively correlated. The least correlated is Rational Equity Armor Fund (HDCTX) (Large Cap Value Equities) with a 1Y correlation of 0.23, down from 0.52 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
HDCTX
Rational Equity Armor Fund0.230.370.52
55
Large Cap Value EquitiesLZFIX vs HDCTX
LEAIX
Lazard Emerging Markets Equity Advantage Portfolio0.250.380.48
91
Emerging Markets DiversifiedLZFIX vs LEAIX
LDMIX
Lazard Developing Markets Equity Portfolio0.290.420.50
93
Emerging Markets DiversifiedLZFIX vs LDMIX
LZEMX
Lazard Emerging Markets Equity Portfolio0.290.430.50
94
Emerging Markets DiversifiedLZFIX vs LZEMX
NEIMX
Neiman Large Cap Value Fund0.320.510.66
93
Large Cap Value EquitiesLZFIX vs NEIMX
See all 38 diversifiers for LZFIX

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Diversification Analysis

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