Looking to diversify beyond VLIFX? The mutual funds below have the lowest correlation with VLIFX — 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 VLIFX.
Best Diversifiers for VLIFX
0 mutual funds have low correlation with VLIFX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Blue Chip Growth Fund (FBGRX) (Large Cap Growth Equities) with a 1Y correlation of 0.45, down from 0.70 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Blue Chip Growth Fund | 0.45 | 0.58 | 0.70 | 73 | Large Cap Growth Equities | VLIFX vs FBGRX | |
| Fidelity Select Tech Hardware Portfolio | 0.47 | 0.61 | 0.71 | 98 | Technology Equities | VLIFX vs FDCPX | |
| Tanaka Growth Fund | 0.48 | 0.60 | 0.67 | 52 | Mid Cap Growth Equities | VLIFX vs TGFRX | |
| Essex Environmental Opportunities Fund | 0.49 | 0.63 | 0.70 | 63 | Mid Cap Growth Equities | VLIFX vs EEOFX | |
| Needham Growth Fund | 0.55 | 0.65 | 0.73 | 92 | Mid Cap Growth Equities | VLIFX vs NEEGX |
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