Looking to diversify beyond VIGAX? The mutual funds below have the lowest correlation with VIGAX — 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 VIGAX.
Best Diversifiers for VIGAX
52 mutual funds have low correlation with VIGAX (below 0.3), 3 of which are negatively correlated. The least correlated is Fidelity Select Energy Portfolio (FSENX) (Energy Equities) with a 1Y correlation of -0.15, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Energy Portfolio | -0.15 | 0.07 | 0.20 | 70 | Energy Equities | VIGAX vs FSENX | |
| Vanguard Energy Opportunities Fund Investor Shares | -0.15 | 0.06 | 0.24 | 83 | Energy Equities | VIGAX vs VGENX | |
| Vanguard Energy Fund Admiral Shares | -0.15 | 0.06 | 0.24 | 84 | Energy Equities | VIGAX vs VGELX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.03 | 0.06 | 0.12 | 90 | Inflation-Protected Bonds | VIGAX vs VTSPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.03 | 0.07 | 0.13 | 89 | Inflation-Protected Bonds | VIGAX vs VTAPX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VIGAX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VIGAX and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.35, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.35 | -0.19 | -0.02 | 65 | Utilities | |
| Altria Group, Inc. | -0.34 | -0.13 | -0.00 | 78 | Consumer Defensive | |
| The Coca-Cola Company | -0.29 | -0.11 | 0.11 | 82 | Consumer Defensive | |
| The Southern Company | -0.29 | -0.16 | 0.03 | 58 | Utilities | |
| Verizon Communications Inc. | -0.29 | -0.14 | 0.01 | 57 | Communication Services |
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Build a portfolio that complements VIGAX
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