Looking to diversify beyond VENAX? The mutual funds below have the lowest correlation with VENAX — 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 VENAX.
Best Diversifiers for VENAX
27 mutual funds have low correlation with VENAX (below 0.3), 13 of which are negatively correlated. The least correlated is Vanguard Wellington Fund Investor Shares (VWELX) (Diversified Portfolio) with a 1Y correlation of -0.11, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Wellington Fund Investor Shares | -0.11 | 0.16 | 0.28 | 65 | Diversified Portfolio | VENAX vs VWELX | |
| Vanguard Market Neutral Fund Investor Shares | -0.10 | -0.01 | 0.13 | 88 | Long-Short | VENAX vs VMNFX | |
| Vanguard Information Technology Index Fund Admiral... | -0.09 | 0.08 | 0.20 | 66 | Technology Equities | VENAX vs VITAX | |
| Vanguard Balanced Index Fund Admiral Shares | -0.09 | 0.18 | 0.29 | 67 | Diversified Portfolio | VENAX vs VBIAX | |
| Vanguard Growth and Income Fund Admiral Shares | -0.09 | 0.15 | 0.32 | 58 | Large Cap Blend Equities | VENAX vs VGIAX |
See all 51 diversifiers for VENAX
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