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
2 mutual funds have low correlation with VFPIX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.19, up from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.19 | 0.08 | 0.03 | 92 | Long-Short | VFPIX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.27 | 0.21 | 0.12 | 67 | Systematic Trend | VFPIX vs ASFYX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.53 | 0.49 | 0.58 | 75 | Large Cap Growth Equities | VFPIX vs NASDX | |
| Needham Aggressive Growth Fund | 0.62 | 0.65 | 0.70 | 94 | Small Cap Growth Equities | VFPIX vs NEAGX | |
| Auer Growth Fund | 0.63 | 0.67 | 0.72 | 90 | Small Cap Blend Equities | VFPIX vs AUERX |
See all 34 diversifiers for VFPIX
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Diversification Analysis
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