Looking to diversify beyond VFPIX? The mutual funds below have the lowest correlation with VFPIX — 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 VFPIX.
Best Diversifiers for VFPIX
1 mutual funds have low correlation with VFPIX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Equity Market Neutral Fund Class I (BDMIX) (Equity Market Neutral) with a 1Y correlation of 0.20, up from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Equity Market Neutral Fund Class ... | 0.20 | 0.08 | 0.02 | 95 | Equity Market Neutral | VFPIX vs BDMIX | |
| Needham Aggressive Growth Fund | 0.50 | 0.61 | 0.68 | 73 | Small Cap Growth Equities | VFPIX vs NEAGX | |
| Fidelity Asset Manager 40% Fund | 0.53 | 0.60 | 0.65 | 73 | Diversified Portfolio | VFPIX vs FFANX | |
| Fidelity Asset Manager 85% Fund | 0.54 | 0.62 | 0.70 | 65 | Diversified Portfolio | VFPIX vs FAMRX | |
| Fidelity Asset Manager 70% Fund | 0.54 | 0.62 | 0.69 | 67 | Diversified Portfolio | VFPIX vs FASGX |
See all 38 diversifiers for VFPIX
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Diversification Analysis
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