Looking to diversify beyond VFIDX? The mutual funds below have the lowest correlation with VFIDX — 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 VFIDX.
Best Diversifiers for VFIDX
3 mutual funds have low correlation with VFIDX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Strategic Income Opportunities Fund Class I (JSOSX) (Total Bond Market) with a 1Y correlation of 0.23, up from -0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Strategic Income Opportunities Fund Class... | 0.23 | -0.19 | -0.26 | 99 | Total Bond Market | VFIDX vs JSOSX | |
| Vanguard Information Technology Index Fund Admiral... | 0.24 | 0.18 | 0.17 | 66 | Technology Equities | VFIDX vs VITAX | |
| Vanguard Emerging Markets Stock Index Fund Admiral... | 0.27 | 0.18 | 0.14 | 58 | Emerging Markets Equities | VFIDX vs VEMAX | |
| Fidelity Flex Conservative Income Bond Fund | 0.32 | 0.33 | 0.32 | 99 | Total Bond Market | VFIDX vs FJTDX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 0.32 | 0.47 | 0.52 | 100 | Total Bond Market | VFIDX vs VUBFX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VFIDX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VFIDX and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.02, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.02 | 0.05 | 0.09 | 72 | Technology | |
| Apple Inc | 0.24 | 0.20 | 0.17 | 87 | Technology | |
| Alphabet Inc. Class A | 0.29 | 0.13 | 0.14 | 96 | Communication Services |
Build a portfolio that complements VFIDX
Add VFIDX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VFIDX