Looking to diversify beyond VHGEX? The mutual funds below have the lowest correlation with VHGEX — 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 VHGEX.
Best Diversifiers for VHGEX
2 mutual funds have low correlation with VHGEX (below 0.3), 0 of which are negatively correlated. The least correlated is DoubleLine Low Duration Bond Fund (DBLSX) (Short-Term Bond) with a 1Y correlation of 0.24, up from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DoubleLine Low Duration Bond Fund | 0.24 | 0.15 | 0.14 | 97 | Short-Term Bond | VHGEX vs DBLSX | |
| Vanguard Short-Term Investment-Grade Fund Investor... | 0.28 | 0.20 | 0.18 | 57 | Total Bond Market | VHGEX vs VFSTX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.48 | 0.63 | 0.72 | 80 | Global Equities | VHGEX vs RTXAX | |
| T. Rowe Price Real Assets Fund | 0.53 | 0.64 | 0.73 | 56 | Global Equities | VHGEX vs PRAFX | |
| Polaris Global Value Fund | 0.55 | 0.68 | 0.75 | 90 | Global Equities | VHGEX vs PGVFX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VHGEX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VHGEX and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.39, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.39 | 0.40 | 0.51 | 90 | Technology |
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