Looking to diversify beyond VCADX? The mutual funds below have the lowest correlation with VCADX — 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 VCADX.
Best Diversifiers for VCADX
18 mutual funds have low correlation with VCADX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of -0.01, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.01 | 0.16 | 0.21 | 95 | Municipal Bonds | VCADX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.03 | 0.19 | 0.23 | 95 | Municipal Bonds | VCADX vs DMREX | |
| Vanguard Information Technology Index Fund Admiral... | 0.11 | 0.07 | 0.09 | 55 | Technology Equities | VCADX vs VITAX | |
| DFA Short Term Municipal Bond Portfolio | 0.18 | 0.27 | 0.37 | 100 | Municipal Bonds | VCADX vs DFSMX | |
| Columbia Dividend Income Fund Institutional 3 Clas... | 0.19 | 0.14 | 0.10 | 86 | Large Cap Value Equities, Dividend | VCADX vs CDDYX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VCADX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VCADX and solid risk/return profiles. The least correlated is Sarepta Therapeutics, Inc. (SRPT) (Healthcare) with a 1Y correlation of 0.14, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Sarepta Therapeutics, Inc. | 0.14 | 0.04 | 0.06 | 50 | Healthcare |
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