Looking to diversify beyond VEGBX? The mutual funds below have the lowest correlation with VEGBX — 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 VEGBX.
Best Diversifiers for VEGBX
2 mutual funds have low correlation with VEGBX (below 0.3), 2 of which are negatively correlated. The least correlated is PIMCO CommoditiesPLUS Strategy Fund (PCLIX) (Commodities) with a 1Y correlation of -0.37, down from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO CommoditiesPLUS Strategy Fund | -0.37 | -0.11 | 0.00 | 55 | Commodities | VEGBX vs PCLIX | |
| Vanguard Energy Fund Admiral Shares | -0.09 | 0.13 | 0.18 | 84 | Energy Equities | VEGBX vs VGELX | |
| Vanguard Value Index Fund Admiral Shares | 0.40 | 0.33 | 0.34 | 90 | Large Cap Value Equities | VEGBX vs VVIAX | |
| Vanguard Small-Cap Value Index Fund Admiral Shares | 0.42 | 0.38 | 0.35 | 53 | Small Cap Value Equities | VEGBX vs VSIAX | |
| Ashmore Emerging Markets Corporate Income Fund | 0.46 | 0.48 | 0.57 | 62 | Emerging Markets Bonds | VEGBX vs EMCIX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VEGBX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VEGBX and solid risk/return profiles. The least correlated is Realty Income Corporation (O) (Real Estate) with a 1Y correlation of 0.12, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Realty Income Corporation | 0.12 | 0.24 | 0.26 | 69 | Real Estate | |
| Cohen & Steers Quality Income Realty Fund, Inc. | 0.32 | 0.39 | 0.40 | 59 | Financial Services |
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