Looking to diversify beyond VCLAX? The mutual funds below have historically moved differently from VCLAX, 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 VCLAX
16 mutual funds have low correlation with VCLAX (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 0.20 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 | 0.16 | 0.20 | 91 | Municipal Bonds | VCLAX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.06 | 0.20 | 0.23 | 94 | Municipal Bonds | VCLAX vs DMREX | |
| DFA Short Term Municipal Bond Portfolio | 0.20 | 0.27 | 0.36 | 100 | Municipal Bonds | VCLAX vs DFSMX | |
| Vanguard 500 Index Fund Admiral Shares | 0.21 | 0.14 | 0.12 | 63 | S&P 500, Large Cap Blend Equities | VCLAX vs VFIAX | |
| Vanguard Total Stock Market Index Fund Admiral Sha... | 0.23 | 0.16 | 0.13 | 64 | Large Cap Blend Equities | VCLAX vs VTSAX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements VCLAX
Add VCLAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VCLAX