Looking to diversify beyond VGPMX? The mutual funds below have the lowest correlation with VGPMX — 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 VGPMX.
Best Diversifiers for VGPMX
7 mutual funds have low correlation with VGPMX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) (Inflation-Protected Bonds) with a 1Y correlation of 0.06, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 0.06 | 0.18 | 0.23 | 94 | Inflation-Protected Bonds | VGPMX vs VTAPX | |
| Fidelity Select Energy Portfolio | 0.15 | 0.38 | 0.51 | 79 | Energy Equities | VGPMX vs FSENX | |
| Fidelity Floating Rate High Income Fund | 0.23 | 0.24 | 0.31 | 92 | High Yield Bonds | VGPMX vs FFRHX | |
| PIMCO Commodity Real Return Strategy Fund | 0.23 | 0.40 | 0.43 | 75 | Commodities | VGPMX vs PCRIX | |
| Vanguard Commodity Strategy Fund Admiral Shares | 0.26 | 0.42 | 0.46 | 70 | Commodities | VGPMX vs VCMDX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VGPMX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VGPMX and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.06, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.06 | 0.11 | 0.21 | 69 | Consumer Defensive | |
| Duke Energy Corporation | -0.02 | 0.13 | 0.20 | 53 | Utilities | |
| The Coca-Cola Company | -0.01 | 0.11 | 0.23 | 66 | Consumer Defensive | |
| Walmart Inc. | -0.01 | 0.11 | 0.18 | 63 | Consumer Defensive | |
| Chubb Limited | -0.00 | 0.09 | 0.26 | 51 | Financial Services |
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