Looking to diversify beyond VBIAX? The mutual funds below have the lowest correlation with VBIAX — 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 VBIAX.
Best Diversifiers for VBIAX
36 mutual funds have low correlation with VBIAX (below 0.3), 4 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.24, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.24 | -0.06 | 0.08 | 65 | Diversified Portfolio | VBIAX vs SIFAX | |
| Fidelity Select Energy Portfolio | -0.08 | 0.19 | 0.30 | 70 | Energy Equities | VBIAX vs FSENX | |
| Vanguard Market Neutral Fund Institutional Shares | -0.04 | -0.05 | -0.07 | 96 | Long-Short | VBIAX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | -0.03 | -0.04 | -0.07 | 96 | Long-Short | VBIAX vs VMNFX | |
| Vanguard Energy Fund Admiral Shares | 0.00 | 0.26 | 0.40 | 84 | Energy Equities | VBIAX vs VGELX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VBIAX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VBIAX and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.24, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.24 | 0.01 | 0.13 | 78 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.21 | 0.03 | 0.18 | 76 | Energy | |
| Chevron Corporation | -0.20 | 0.06 | 0.20 | 73 | Energy | |
| Occidental Petroleum Corporation | -0.20 | 0.07 | 0.18 | 64 | Energy | |
| ConocoPhillips Company | -0.17 | 0.06 | 0.19 | 66 | Energy |
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