Looking to diversify beyond VGLSX? The mutual funds below have the lowest correlation with VGLSX — 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 VGLSX.
Best Diversifiers for VGLSX
3 mutual funds have low correlation with VGLSX (below 0.3), 0 of which are negatively correlated. The least correlated is LoCorr Macro Strategies Fund Class I (LFMIX) (Global Allocation) with a 1Y correlation of 0.19, up from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund Class I | 0.19 | 0.07 | -0.06 | 88 | Global Allocation | VGLSX vs LFMIX | |
| Wilmington Real Asset Fund | 0.23 | 0.49 | 0.57 | 86 | Global Allocation | VGLSX vs WMRIX | |
| VALIC Company I Inflation Protected Fund | 0.27 | 0.35 | 0.31 | 50 | Inflation-Protected Bonds | VGLSX vs VCTPX | |
| Hartford Real Asset Fund | 0.33 | 0.52 | 0.63 | 97 | Global Allocation | VGLSX vs HRLYX | |
| Principal Diversified Select Real Asset Fund | 0.45 | 0.60 | 0.70 | 93 | Global Allocation | VGLSX vs PDSYX |
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