Looking to diversify beyond VIVAX? The mutual funds below have historically moved differently from VIVAX, 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 VIVAX
2 mutual funds have low correlation with VIVAX (below 0.3), 1 of which are negatively correlated. The least correlated is Credit Suisse Trust Commodity Return Strategy Portfolio (CCRSX) (Commodities) with a 1Y correlation of -0.03, down from 0.18 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Credit Suisse Trust Commodity Return Strategy Port... | -0.03 | 0.05 | 0.18 | 76 | Commodities | VIVAX vs CCRSX | |
| Vanguard Short-Term Bond Index Fund | 0.17 | 0.14 | 0.11 | 53 | Short-Term Bond | VIVAX vs VBISX | |
| GQG Partners US Quality Dividend Income Fund | 0.35 | 0.62 | 0.74 | 62 | Quality Factor, Large Cap Value Equities | VIVAX vs GQHPX | |
| Voya Corporate Leaders Trust Fund | 0.37 | 0.62 | 0.73 | 93 | Large Cap Value Equities | VIVAX vs LEXCX | |
| AMG Yacktman Focused Fund | 0.42 | 0.63 | 0.74 | 89 | Large Cap Value Equities | VIVAX vs YAFFX |
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 VIVAX, 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 Edwards Lifesciences Corporation (EW) (Healthcare) with a 1Y correlation of 0.28, down from 0.44 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Edwards Lifesciences Corporation | 0.28 | 0.35 | 0.44 | 56 | Healthcare | |
| Berkshire Hathaway Inc. | 0.37 | 0.58 | 0.70 | 61 | Financial Services |
Build a portfolio that complements VIVAX
Add VIVAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VIVAX