Looking to diversify beyond VGIAX? The mutual funds below have historically moved differently from VGIAX, 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 VGIAX
5 mutual funds have low correlation with VGIAX (below 0.3), 2 of which are negatively correlated. The least correlated is Vanguard Energy Index Fund Admiral Shares (VENAX) (Energy Equities) with a 1Y correlation of -0.12, down from 0.30 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Energy Index Fund Admiral Shares | -0.12 | 0.13 | 0.30 | 72 | Energy Equities | VGIAX vs VENAX | |
| Vanguard Energy Opportunities Fund Investor Shares | -0.03 | 0.20 | 0.38 | 91 | Energy Equities | VGIAX vs VGENX | |
| Vanguard Commodity Strategy Fund Admiral Shares | 0.04 | 0.08 | 0.17 | 68 | Commodities | VGIAX vs VCMDX | |
| Vanguard Limited-Term Tax-Exempt Fund Investor Sha... | 0.12 | 0.09 | 0.07 | 72 | Municipal Bonds | VGIAX vs VMLTX | |
| Vanguard Intermediate-Term Tax-Exempt Fund Investo... | 0.17 | 0.12 | 0.09 | 66 | Municipal Bonds | VGIAX vs VWITX |
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