Looking to diversify beyond VDIPX? The mutual funds below have historically moved differently from VDIPX, 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 VDIPX
3 mutual funds have low correlation with VDIPX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares (VTSPX) (Inflation-Protected Bonds) with a 1Y correlation of 0.15, roughly unchanged from 0.22 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 0.15 | 0.20 | 0.22 | 91 | Inflation-Protected Bonds | VDIPX vs VTSPX | |
| DFA One Year Fixed Income Portfolio | 0.17 | 0.05 | 0.07 | 100 | Ultrashort Bond | VDIPX vs DFIHX | |
| DFA Real Estate Securities Portfolio Class I | 0.29 | 0.47 | 0.53 | 53 | REIT | VDIPX vs DFREX | |
| Vanguard Short-Term Bond Index Fund Institutional ... | 0.32 | 0.24 | 0.21 | 57 | Total Bond Market | VDIPX vs VBIPX | |
| Vanguard Short-Term Investment-Grade Fund Institut... | 0.38 | 0.28 | 0.26 | 74 | Total Bond Market | VDIPX vs VFSIX |
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