Looking to diversify beyond VBLLX? The mutual funds below have historically moved differently from VBLLX, 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 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 0.12, up from -0.27 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Strategic Income Opportunities Fund Class... | 0.12 | -0.25 | -0.27 | 99 | Total Bond Market | VBLLX vs JSOSX | |
| Fidelity Conservative Income Bond Institutional Cl... | 0.16 | 0.24 | 0.25 | 100 | Ultrashort Bond | VBLLX vs FCNVX | |
| Fidelity Flex Conservative Income Bond Fund | 0.18 | 0.19 | 0.21 | 100 | Total Bond Market | VBLLX vs FJTDX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 0.26 | 0.37 | 0.41 | 99 | Total Bond Market | VBLLX vs VUBFX | |
| Vanguard Institutional Index Fund Institutional Sh... | 0.31 | 0.23 | 0.16 | 63 | S&P 500, Large Cap Blend Equities | VBLLX vs VINIX |
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 VBLLX, 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 MPLX LP (MPLX) (Energy) with a 1Y correlation of -0.05, roughly unchanged from 0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| MPLX LP | -0.05 | 0.06 | 0.02 | 79 | Energy | |
| NVIDIA Corporation | 0.04 | 0.03 | 0.06 | 56 | Technology | |
| Micron Technology, Inc. | 0.05 | 0.05 | 0.01 | 99 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.18 | 0.07 | 0.05 | 87 | Technology | |
| Amazon.com, Inc | 0.22 | 0.10 | 0.11 | 60 | Consumer Cyclical |
Build a portfolio that complements VBLLX
Add VBLLX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VBLLX