Looking to diversify beyond VGI? The mutual funds below have historically moved differently from VGI, 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 VGI
9 mutual funds have low correlation with VGI (below 0.3), 0 of which are negatively correlated. The least correlated is The Merger Fund (MERFX) (Event Driven) with a 1Y correlation of 0.08, down from 0.20 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| The Merger Fund | 0.08 | 0.12 | 0.20 | 97 | Event Driven | VGI vs MERFX | |
| Virtus Duff & Phelps Real Estate Securities Fund | 0.13 | 0.29 | 0.33 | 66 | REIT | VGI vs PHRAX | |
| Rational Special Situations Income Fund | 0.14 | 0.22 | 0.20 | 98 | Multisector Bonds | VGI vs RFXIX | |
| Easterly Income Opportunities Fund | 0.18 | 0.26 | 0.24 | 80 | Multisector Bonds | VGI vs JSVIX | |
| Nationwide Amundi Strategic Income Fund | 0.20 | 0.17 | 0.12 | 99 | Multisector Bonds | VGI vs NWXHX |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VGI, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Orchid Island Capital, Inc. (ORC) (Real Estate) with a 1Y correlation of 0.31, roughly unchanged from 0.36 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Orchid Island Capital, Inc. | 0.31 | 0.36 | 0.36 | 59 | Real Estate |
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