Looking to diversify beyond VINIX? The mutual funds below have the lowest correlation with VINIX — 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 VINIX.
Best Diversifiers for VINIX
3 mutual funds have low correlation with VINIX (below 0.3), 1 of which are negatively correlated. The least correlated is Vanguard Market Neutral Fund Investor Shares (VMNFX) (Long-Short) with a 1Y correlation of -0.01, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Market Neutral Fund Investor Shares | -0.01 | -0.01 | -0.01 | 86 | Long-Short | VINIX vs VMNFX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.01 | 0.09 | 0.15 | 89 | Inflation-Protected Bonds | VINIX vs VTAPX | |
| Fidelity Floating Rate High Income Fund | 0.29 | 0.31 | 0.33 | 93 | Bank Loan | VINIX vs FFRHX | |
| Vanguard Short-Term Investment-Grade Fund Admiral ... | 0.32 | 0.17 | 0.16 | 62 | Total Bond Market | VINIX vs VFSUX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.32 | 0.15 | 0.13 | 75 | Large Cap Blend Equities | VINIX vs SVPFX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VINIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VINIX and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.21, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.21 | -0.00 | 0.13 | 70 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.17 | 0.05 | 0.19 | 69 | Energy | |
| Duke Energy Corporation | -0.15 | -0.00 | 0.11 | 63 | Utilities | |
| The Coca-Cola Company | -0.14 | 0.05 | 0.23 | 73 | Consumer Defensive | |
| Chevron Corporation | -0.14 | 0.08 | 0.22 | 68 | Energy |
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Build a portfolio that complements VINIX
Add VINIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VINIX