Looking to diversify beyond VGSTX? The mutual funds below have the lowest correlation with VGSTX — 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 VGSTX.
Best Diversifiers for VGSTX
3 mutual funds have low correlation with VGSTX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.03, down from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.03 | 0.16 | 0.50 | 67 | Diversified Portfolio | VGSTX vs MHELX | |
| Vanguard Limited-Term Tax-Exempt Fund Investor Sha... | 0.22 | 0.20 | 0.18 | 76 | Municipal Bonds | VGSTX vs VMLTX | |
| Vanguard Intermediate-Term Tax-Exempt Fund Investo... | 0.27 | 0.25 | 0.21 | 70 | Municipal Bonds | VGSTX vs VWITX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.37 | 0.57 | 0.60 | 82 | Diversified Portfolio | VGSTX vs FCSRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.37 | 0.57 | 0.61 | 88 | Diversified Portfolio | VGSTX vs FIQDX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VGSTX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VGSTX and solid risk/return profiles. The least correlated is Nokia Corporation (NOK) (Technology) with a 1Y correlation of 0.36, down from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nokia Corporation | 0.36 | 0.41 | 0.55 | 95 | Technology | |
| Baidu, Inc. | 0.37 | 0.42 | 0.48 | 62 | Communication Services | |
| Apple Inc | 0.43 | 0.48 | 0.61 | 88 | Technology |
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