Looking to diversify beyond VMATX? The mutual funds below have historically moved differently from VMATX, 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 VMATX
16 mutual funds have low correlation with VMATX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of -0.03, down from 0.21 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.03 | 0.16 | 0.21 | 91 | Municipal Bonds | VMATX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.02 | 0.19 | 0.23 | 94 | Municipal Bonds | VMATX vs DMREX | |
| Vanguard 500 Index Fund Admiral Shares | 0.20 | 0.13 | 0.12 | 63 | S&P 500, Large Cap Blend Equities | VMATX vs VFIAX | |
| JPMorgan Ultra-Short Municipal Fund | 0.21 | 0.33 | 0.38 | 98 | Municipal Bonds | VMATX vs USMSX | |
| Vanguard Total Stock Market Index Fund Admiral Sha... | 0.21 | 0.14 | 0.12 | 64 | Large Cap Blend Equities | VMATX vs VTSAX |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VMATX, 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 Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.07, roughly unchanged from -0.00 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.07 | 0.01 | -0.00 | 61 | Financial Services |
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