Looking to diversify beyond VBLLX? The mutual funds below have the lowest correlation with VBLLX — 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 VBLLX.
Best Diversifiers for VBLLX
4 mutual funds have low correlation with VBLLX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Strategic Income Opportunities Fund Class I (JSOSX) (Total Bond Market) with a 1Y correlation of 0.11, up from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Strategic Income Opportunities Fund Class... | 0.11 | -0.26 | -0.27 | 99 | Total Bond Market | VBLLX vs JSOSX | |
| Fidelity Conservative Income Bond Institutional Cl... | 0.17 | 0.25 | 0.25 | 99 | Total Bond Market | VBLLX vs FCNVX | |
| Fidelity Flex Conservative Income Bond Fund | 0.18 | 0.20 | 0.21 | 99 | Total Bond Market | VBLLX vs FJTDX | |
| Vanguard Information Technology Index Fund Admiral... | 0.20 | 0.15 | 0.12 | 65 | Technology Equities | VBLLX vs VITAX | |
| Vanguard Institutional Index Fund Institutional Sh... | 0.31 | 0.23 | 0.14 | 66 | S&P 500, Large Cap Blend Equities | VBLLX vs VINIX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VBLLX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VBLLX and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.01, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.01 | 0.04 | 0.06 | 76 | Technology | |
| Micron Technology, Inc. | 0.03 | 0.05 | 0.01 | 99 | Technology | |
| Tesla, Inc. | 0.12 | 0.11 | 0.07 | 59 | Consumer Cyclical | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.15 | 0.07 | 0.04 | 95 | Technology | |
| Amazon.com, Inc | 0.18 | 0.11 | 0.11 | 52 | Consumer Cyclical |
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