Looking to diversify beyond VCAIX? The mutual funds below have historically moved differently from VCAIX, 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 VCAIX
14 mutual funds have low correlation with VCAIX (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 0.22 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 | -0.01 | 0.15 | 0.22 | 86 | Municipal Bonds | VCAIX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.01 | 0.18 | 0.23 | 88 | Municipal Bonds | VCAIX vs DMREX | |
| abrdn Ultra Short Municipal Income Fund | 0.19 | 0.28 | 0.29 | 100 | Municipal Bonds | VCAIX vs ATOIX | |
| DFA Short Term Municipal Bond Portfolio | 0.21 | 0.26 | 0.37 | 100 | Municipal Bonds | VCAIX vs DFSMX | |
| Schwab 1000 Index Fund | 0.22 | 0.14 | 0.12 | 66 | Large Cap Blend Equities | VCAIX vs SNXFX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements VCAIX
Add VCAIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VCAIX