Looking to diversify beyond LZIEX? The mutual funds below have the lowest correlation with LZIEX — 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 LZIEX.
Best Diversifiers for LZIEX
0 mutual funds have low correlation with LZIEX (below 0.3), 0 of which are negatively correlated. The least correlated is Weitz Short Duration Income Fund (WEFIX) (Short-Term Bond) with a 1Y correlation of 0.35, up from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Weitz Short Duration Income Fund | 0.35 | 0.21 | 0.21 | 92 | Short-Term Bond | LZIEX vs WEFIX | |
| Blackstone Alternative Multi-Strategy Fund | 0.40 | 0.40 | 0.46 | 99 | Multistrategy | LZIEX vs BXMIX | |
| Lazard Real Assets Portfolio | 0.53 | 0.62 | 0.67 | 59 | Global Allocation | LZIEX vs RALIX | |
| Lazard US Corporate Income Portfolio | 0.59 | 0.56 | 0.57 | 83 | High Yield Bonds | LZIEX vs LZHYX | |
| Causeway Emerging Markets Fund | 0.60 | 0.61 | 0.65 | 89 | Emerging Markets Diversified | LZIEX vs CEMIX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LZIEX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LZIEX and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.34, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.34 | 0.38 | 0.47 | 76 | Technology |
Build a portfolio that complements LZIEX
Add LZIEX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LZIEX