Looking to diversify beyond VLXVX? The mutual funds below have the lowest correlation with VLXVX — 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 VLXVX.
Best Diversifiers for VLXVX
3 mutual funds have low correlation with VLXVX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.05, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.05 | 0.16 | 0.51 | 67 | Diversified Portfolio | VLXVX vs MHELX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.08 | 0.15 | 0.19 | 89 | Inflation-Protected Bonds | VLXVX vs VTAPX | |
| Fidelity Floating Rate High Income Fund | 0.29 | 0.32 | 0.36 | 92 | Bank Loan | VLXVX vs FFRHX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.39 | 0.55 | 0.61 | 82 | Diversified Portfolio | VLXVX vs FCSRX | |
| Fidelity Strategic Real Return Fund Class K6 | 0.39 | 0.55 | 0.62 | 88 | Diversified Portfolio | VLXVX vs FSRKX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VLXVX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VLXVX and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.17, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.17 | 0.04 | 0.15 | 70 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.16 | 0.07 | 0.21 | 68 | Energy | |
| ConocoPhillips Company | -0.13 | 0.08 | 0.22 | 61 | Energy | |
| The Coca-Cola Company | -0.12 | 0.06 | 0.21 | 74 | Consumer Defensive | |
| Chevron Corporation | -0.12 | 0.09 | 0.22 | 68 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements VLXVX
Add VLXVX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VLXVX