Looking to diversify beyond VGSTX? The mutual funds below have historically moved differently from VGSTX, 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 VGSTX
3 mutual funds have low correlation with VGSTX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.22, down from 0.08 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.22 | -0.04 | 0.08 | 83 | Diversified Portfolio | VGSTX vs SIFAX | |
| MH Elite Small Cap Fund of Funds Fund | 0.01 | 0.12 | 0.48 | 66 | Diversified Portfolio | VGSTX vs MHELX | |
| Vanguard Limited-Term Tax-Exempt Fund Investor Sha... | 0.24 | 0.20 | 0.19 | 72 | Municipal Bonds | VGSTX vs VMLTX | |
| Vanguard Intermediate-Term Tax-Exempt Fund Investo... | 0.31 | 0.25 | 0.23 | 66 | Municipal Bonds | VGSTX vs VWITX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.35 | 0.54 | 0.59 | 89 | Diversified Portfolio | VGSTX vs FCSRX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VGSTX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Realty Income Corporation (O) (Real Estate) with a 1Y correlation of 0.04, down from 0.31 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Realty Income Corporation | 0.04 | 0.20 | 0.31 | 77 | Real Estate | |
| Baidu, Inc. | 0.37 | 0.40 | 0.47 | 61 | Communication Services | |
| Nokia Corporation | 0.38 | 0.42 | 0.55 | 89 | Technology | |
| Apple Inc | 0.40 | 0.42 | 0.54 | 89 | Technology | |
| Semtech Corporation | 0.54 | 0.54 | 0.59 | 88 | Technology |
Build a portfolio that complements VGSTX
Add VGSTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VGSTX