Looking to diversify beyond VCADX? The mutual funds below have historically moved differently from VCADX, 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 VCADX
15 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 -0.02, down from 0.21 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.02 | 0.16 | 0.21 | 91 | Municipal Bonds | VCADX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.01 | 0.19 | 0.23 | 94 | Municipal Bonds | VCADX vs DMREX | |
| Columbia Dividend Income Fund Institutional 3 Clas... | 0.18 | 0.14 | 0.10 | 90 | Large Cap Value Equities, Dividend | VCADX vs CDDYX | |
| Fidelity SAI U.S. Large Cap Index Fund | 0.21 | 0.15 | 0.13 | 63 | Large Cap Blend Equities | VCADX vs FLCPX | |
| Vanguard 500 Index Fund Admiral Shares | 0.22 | 0.15 | 0.12 | 63 | S&P 500, Large Cap Blend Equities | VCADX vs VFIAX |
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