Looking to diversify beyond VEUAX? The mutual funds below have the lowest correlation with VEUAX — 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 VEUAX.
Best Diversifiers for VEUAX
0 mutual funds have low correlation with VEUAX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.37, roughly unchanged from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund | 0.37 | 0.29 | 0.33 | 81 | Multisector Bonds | VEUAX vs JMSIX | |
| JPMorgan Equity Income Fund R6 | 0.58 | 0.54 | 0.62 | 77 | Large Cap Value Equities, Dividend | VEUAX vs OIEJX | |
| DoubleLine Shiller Enhanced International CAPE | 0.65 | 0.72 | 0.77 | 58 | Europe Equities | VEUAX vs DSEUX | |
| Vanguard Total Stock Market Index Fund Admiral Sha... | 0.73 | 0.66 | 0.71 | 65 | Large Cap Blend Equities | VEUAX vs VTSAX | |
| ProFunds Europe 30 Fund | 0.81 | 0.82 | 0.85 | 88 | Europe Equities | VEUAX vs UEPIX |
See all 6 diversifiers for VEUAX
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