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Value Line Small Cap Opportunities Fund (VLEOX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The investment seeks long-term growth of capital. Under normal circumstances, the adviser invests at least 80% of the fund's assets in stocks of U.S. companies with small market capitalizations. A portion of the fund's assets may also be invested in stocks of U.S. mid-market capitalization companies. The adviser defines "stocks of U.S. companies" as companies that do business in the U.S., are organized in the U.S. or whose stock is traded on a U.S. exchange or over-the-counter market.

Looking to diversify beyond VLEOX? The mutual funds below have the lowest correlation with VLEOX — 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 VLEOX.

Best Diversifiers for VLEOX

1 mutual funds have low correlation with VLEOX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes MDT Small Cap Growth Fund (QISGX) (Small Cap Growth Equities) with a 1Y correlation of 0.17, down from 0.73 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
QISGX
Federated Hermes MDT Small Cap Growth Fund0.170.550.73
72
Small Cap Growth EquitiesVLEOX vs QISGX
DMCRX
Driehaus Micro Cap Growth Fund0.660.750.80
83
Small Cap Growth EquitiesVLEOX vs DMCRX
LMIYX
Lord Abbett Micro Cap Growth Fund0.690.760.80
72
Small Cap Growth EquitiesVLEOX vs LMIYX
OBSOX
Oberweis Small-Cap Opportunities Fund0.710.820.86
79
Small Cap Growth EquitiesVLEOX vs OBSOX
OBMCX
Oberweis Micro Cap Fund0.710.800.84
91
Small Cap Growth EquitiesVLEOX vs OBMCX
See all 54 diversifiers for VLEOX

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