Looking to diversify beyond VMBIX? The mutual funds below have the lowest correlation with VMBIX — 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 VMBIX.
Best Diversifiers for VMBIX
5 mutual funds have low correlation with VMBIX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Strategic Income Opportunities Fund Class I (JSOSX) (Total Bond Market) with a 1Y correlation of 0.12, up from -0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Strategic Income Opportunities Fund Class... | 0.12 | -0.26 | -0.29 | 99 | Total Bond Market | VMBIX vs JSOSX | |
| Fidelity Conservative Income Bond Institutional Cl... | 0.15 | 0.24 | 0.24 | 99 | Total Bond Market | VMBIX vs FCNVX | |
| Fidelity Flex Conservative Income Bond Fund | 0.17 | 0.18 | 0.22 | 99 | Total Bond Market | VMBIX vs FJTDX | |
| Vanguard Information Technology Index Fund Admiral... | 0.19 | 0.15 | 0.16 | 81 | Technology Equities | VMBIX vs VITAX | |
| Vanguard 500 Index Fund Admiral Shares | 0.30 | 0.23 | 0.19 | 73 | S&P 500, Large Cap Blend Equities | VMBIX vs VFIAX |
See all 18 diversifiers for VMBIX
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