Looking to diversify beyond VIHAX? The mutual funds below have historically moved differently from VIHAX, 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 VIHAX
7 mutual funds have low correlation with VIHAX (below 0.3), 0 of which are negatively correlated. The least correlated is Voya Corporate Leaders Trust Fund (LEXCX) (Large Cap Value Equities) with a 1Y correlation of 0.11, down from 0.53 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.11 | 0.38 | 0.53 | 94 | Large Cap Value Equities | VIHAX vs LEXCX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.11 | 0.19 | 0.20 | 87 | Inflation-Protected Bonds | VIHAX vs VTAPX | |
| GQG Partners US Quality Dividend Income Fund | 0.12 | 0.44 | 0.57 | 54 | Quality Factor, Large Cap Value Equities | VIHAX vs GQHPX | |
| Federated Hermes Equity Income Fund | 0.18 | 0.40 | 0.60 | 69 | Dividend, Large Cap Value Equities | VIHAX vs LEIFX | |
| Vanguard Energy Opportunities Fund Investor Shares | 0.26 | 0.47 | 0.61 | 90 | Energy Equities | VIHAX vs VGENX |
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 VIHAX, 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 Amazon.com, Inc (AMZN) (Consumer Cyclical) with a 1Y correlation of 0.34, roughly unchanged from 0.40 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Amazon.com, Inc | 0.34 | 0.32 | 0.40 | 70 | Consumer Cyclical |
Build a portfolio that complements VIHAX
Add VIHAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VIHAX