Looking to diversify beyond VGELX? The mutual funds below have historically moved differently from VGELX, 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 VGELX
31 mutual funds have low correlation with VGELX (below 0.3), 7 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 -0.16, down from 0.18 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Emerging Markets Bond Fund Admiral Shares | -0.16 | 0.11 | 0.18 | 85 | Emerging Markets Bonds | VGELX vs VEGBX | |
| Vanguard Balanced Index Fund Admiral Shares | -0.02 | 0.25 | 0.39 | 66 | Diversified Portfolio | VGELX vs VBIAX | |
| Vanguard Institutional Index Fund Institutional Pl... | -0.02 | 0.23 | 0.39 | 63 | S&P 500, Large Cap Blend Equities | VGELX vs VIIIX | |
| Fidelity 500 Index Fund | -0.01 | 0.22 | 0.39 | 64 | S&P 500 | VGELX vs FXAIX | |
| Vanguard 500 Index Fund Admiral Shares | -0.01 | 0.23 | 0.39 | 63 | S&P 500, Large Cap Blend Equities | VGELX vs VFIAX |
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