Looking to diversify beyond VFINX? The mutual funds below have historically moved differently from VFINX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for VFINX
11 mutual funds have low correlation with VFINX (below 0.3), 4 of which are negatively correlated. The least correlated is Fidelity SAI Inflation-Focused (FIFGX) (Commodities) with a 1Y correlation of -0.16, down from 0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity SAI Inflation-Focused | -0.16 | 0.00 | 0.13 | 79 | Commodities | VFINX vs FIFGX | |
| Vanguard Energy Index Fund Admiral Shares | -0.12 | 0.15 | 0.30 | 72 | Energy Equities | VFINX vs VENAX | |
| Fidelity Select Energy Portfolio | -0.08 | 0.18 | 0.32 | 87 | Energy Equities | VFINX vs FSENX | |
| Credit Suisse Trust Commodity Return Strategy Port... | -0.06 | 0.04 | 0.13 | 76 | Commodities | VFINX vs CCRSX | |
| Rydex Energy Fund | 0.04 | 0.27 | 0.40 | 77 | Energy Equities | VFINX vs RYEIX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VFINX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.24, down from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.24 | -0.04 | 0.12 | 56 | Utilities | |
| Altria Group, Inc. | -0.24 | -0.02 | 0.10 | 66 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.21 | 0.03 | 0.17 | 84 | Energy | |
| Occidental Petroleum Corporation | -0.20 | 0.05 | 0.20 | 70 | Energy | |
| The Coca-Cola Company | -0.20 | 0.03 | 0.22 | 90 | Consumer Defensive |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements VFINX
Add VFINX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VFINX