Looking to diversify beyond VFFVX? The mutual funds below have the lowest correlation with VFFVX — 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 VFFVX.
Best Diversifiers for VFFVX
3 mutual funds have low correlation with VFFVX (below 0.3), 1 of which are negatively correlated. The least correlated is Fidelity Select Energy Portfolio (FSENX) (Energy Equities) with a 1Y correlation of -0.02, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Energy Portfolio | -0.02 | 0.23 | 0.34 | 51 | Energy Equities | VFFVX vs FSENX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.08 | 0.15 | 0.19 | 82 | Inflation-Protected Bonds | VFFVX vs VTAPX | |
| Fidelity Floating Rate High Income Fund | 0.30 | 0.32 | 0.36 | 91 | Bank Loan | VFFVX vs FFRHX | |
| ARK Venture Fund | 0.48 | 0.61 | — | 99 | Technology Equities | VFFVX vs ARKVX | |
| The Hartford Strategic Income Fund | 0.55 | 0.42 | 0.38 | 53 | Multisector Bonds | VFFVX vs HSNIX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VFFVX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VFFVX and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.16, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.16 | 0.04 | 0.15 | 74 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.16 | 0.07 | 0.21 | 74 | Energy | |
| ConocoPhillips Company | -0.13 | 0.08 | 0.22 | 65 | Energy | |
| Chevron Corporation | -0.12 | 0.09 | 0.23 | 70 | Energy | |
| The Coca-Cola Company | -0.12 | 0.06 | 0.21 | 74 | Consumer Defensive |
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Build a portfolio that complements VFFVX
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Analyze a portfolio with VFFVX