Looking to diversify beyond VIIIX? The mutual funds below have the lowest correlation with VIIIX — 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 VIIIX.
Best Diversifiers for VIIIX
8 mutual funds have low correlation with VIIIX (below 0.3), 1 of which are negatively correlated. The least correlated is Fidelity Select Energy Portfolio (FSENX) (Energy Equities) with a 1Y correlation of -0.06, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Energy Portfolio | -0.06 | 0.20 | 0.33 | 70 | Energy Equities | VIIIX vs FSENX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.04 | 0.10 | 0.14 | 90 | Inflation-Protected Bonds | VIIIX vs VTSPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.06 | 0.11 | 0.15 | 89 | Inflation-Protected Bonds | VIIIX vs VTAPX | |
| Parametric Commodity Strategy Fund Class A | 0.11 | 0.15 | 0.20 | 73 | Commodities | VIIIX vs EAPCX | |
| DFA One Year Fixed Income Portfolio | 0.14 | 0.04 | 0.04 | 100 | Ultrashort Bond | VIIIX vs DFIHX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VIIIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VIIIX and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.25, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.25 | -0.02 | 0.13 | 78 | Consumer Defensive | |
| The Coca-Cola Company | -0.18 | 0.04 | 0.23 | 82 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.18 | 0.04 | 0.20 | 76 | Energy | |
| Chubb Limited | -0.18 | 0.06 | 0.27 | 83 | Financial Services | |
| Chevron Corporation | -0.18 | 0.07 | 0.23 | 73 | Energy |
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Build a portfolio that complements VIIIX
Add VIIIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VIIIX