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
4 mutual funds have low correlation with VGPMX (below 0.3), 1 of which are negatively correlated. The least correlated is AQR Style Premia Alternative Fund Class N (QSPNX) (Multistrategy) with a 1Y correlation of -0.14, roughly unchanged from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AQR Style Premia Alternative Fund Class N | -0.14 | -0.14 | -0.09 | 51 | Multistrategy | VGPMX vs QSPNX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.11 | 0.18 | 0.23 | 84 | Inflation-Protected Bonds | VGPMX vs VTAPX | |
| Fidelity Floating Rate High Income Fund | 0.25 | 0.25 | 0.31 | 92 | Bank Loan | VGPMX vs FFRHX | |
| AQR Managed Futures Strategy HV Fund Class N | 0.26 | 0.09 | -0.03 | 87 | Systematic Trend | VGPMX vs QMHNX | |
| Vanguard Energy Opportunities Fund Investor Shares | 0.30 | 0.51 | 0.63 | 61 | Energy Equities | VGPMX vs VGENX |
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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 -0.09, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.09 | 0.08 | 0.20 | 72 | Consumer Defensive | |
| The Coca-Cola Company | -0.04 | 0.09 | 0.22 | 74 | Consumer Defensive | |
| Chubb Limited | -0.03 | 0.07 | 0.25 | 69 | Financial Services | |
| Duke Energy Corporation | -0.02 | 0.12 | 0.20 | 62 | Utilities | |
| Walmart Inc. | -0.02 | 0.09 | 0.17 | 69 | Consumer Defensive |
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