Looking to diversify beyond VGCAX? The mutual funds below have the lowest correlation with VGCAX — 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 VGCAX.
Best Diversifiers for VGCAX
4 mutual funds have low correlation with VGCAX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Flex Conservative Income Bond Fund (FJTDX) (Total Bond Market) with a 1Y correlation of 0.08, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Flex Conservative Income Bond Fund | 0.08 | 0.18 | 0.21 | 100 | Total Bond Market | VGCAX vs FJTDX | |
| Fidelity Conservative Income Bond Institutional Cl... | 0.10 | 0.24 | 0.24 | 100 | Ultrashort Bond | VGCAX vs FCNVX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 0.13 | -0.24 | -0.28 | 99 | Total Bond Market | VGCAX vs JSOSX | |
| Vanguard Information Technology Index Fund Admiral... | 0.27 | 0.20 | 0.19 | 55 | Technology Equities | VGCAX vs VITAX | |
| Fidelity Blue Chip Growth Fund Class K | 0.32 | 0.21 | 0.19 | 62 | Large Cap Growth Equities | VGCAX vs FBGKX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VGCAX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VGCAX and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.08, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.08 | 0.10 | 0.08 | 53 | Financial Services | |
| Rivian Automotive, Inc. | 0.17 | 0.18 | 0.16 | 63 | Consumer Cyclical | |
| Airbnb, Inc. | 0.22 | 0.12 | 0.09 | 53 | Consumer Cyclical |
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