Looking to diversify beyond VBILX? The mutual funds below have historically moved differently from VBILX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for VBILX
11 mutual funds have low correlation with VBILX (below 0.3), 1 of which are negatively correlated. The least correlated is Vanguard Commodity Strategy Fund Admiral Shares (VCMDX) (Commodities) with a 1Y correlation of -0.20, down from 0.03 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Commodity Strategy Fund Admiral Shares | -0.20 | -0.02 | 0.03 | 69 | Commodities | VBILX vs VCMDX | |
| Victory Pioneer Cat Bond Fund Class Y | 0.02 | — | — | 100 | Nontraditional Bonds | VBILX vs CBYYX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 0.21 | -0.19 | -0.26 | 99 | Total Bond Market | VBILX vs JSOSX | |
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 0.26 | 0.25 | 0.15 | 88 | Mid Cap Value Equities | VBILX vs VMVAX | |
| Columbia Dividend Income Fund Institutional 3 Clas... | 0.26 | 0.21 | 0.14 | 91 | Large Cap Value Equities, Dividend | VBILX vs CDDYX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VBILX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Brookfield Renewable Partners L.P. (BEP) (Utilities) with a 1Y correlation of 0.20, roughly unchanged from 0.21 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Brookfield Renewable Partners L.P. | 0.20 | 0.24 | 0.21 | 80 | Utilities |
Build a portfolio that complements VBILX
Add VBILX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VBILX