Looking to diversify beyond VGELX? The mutual funds below have the lowest correlation with VGELX — 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 VGELX.
Best Diversifiers for VGELX
25 mutual funds have low correlation with VGELX (below 0.3), 3 of which are negatively correlated. The least correlated is Vanguard Emerging Markets Bond Fund Admiral Shares (VEGBX) (Emerging Markets Bonds) with a 1Y correlation of -0.08, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Emerging Markets Bond Fund Admiral Shares | -0.08 | 0.14 | 0.19 | 89 | Emerging Markets Bonds | VGELX vs VEGBX | |
| Vanguard Information Technology Index Fund Admiral... | -0.07 | 0.09 | 0.25 | 66 | Technology Equities | VGELX vs VITAX | |
| AQR Long-Short Equity Fund Class N | -0.03 | 0.17 | 0.35 | 54 | Long-Short, Actively Managed | VGELX vs QLENX | |
| Fidelity 500 Index Fund | 0.03 | 0.25 | 0.41 | 65 | S&P 500 | VGELX vs FXAIX | |
| Vanguard 500 Index Fund Admiral Shares | 0.03 | 0.25 | 0.41 | 65 | S&P 500, Large Cap Blend Equities | VGELX vs VFIAX |
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