Looking to diversify beyond VMGIX? The mutual funds below have the lowest correlation with VMGIX — 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 VMGIX.
Best Diversifiers for VMGIX
0 mutual funds have low correlation with VMGIX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Wellesley Income Fund Admiral Shares (VWIAX) (Diversified Portfolio) with a 1Y correlation of 0.61, roughly unchanged from 0.62 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Wellesley Income Fund Admiral Shares | 0.61 | 0.62 | 0.62 | 53 | Diversified Portfolio | VMGIX vs VWIAX | |
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 0.63 | 0.72 | 0.76 | 77 | Mid Cap Value Equities | VMGIX vs VMVAX | |
| Vanguard Total International Stock Index Fund Admi... | 0.74 | 0.72 | 0.74 | 56 | Foreign Large Cap Equities | VMGIX vs VTIAX | |
| Vanguard Information Technology Index Fund Admiral... | 0.78 | 0.80 | 0.85 | 55 | Technology Equities | VMGIX vs VITAX | |
| Needham Growth Fund Institutional Class | 0.78 | 0.80 | 0.85 | 82 | Mid Cap Growth Equities | VMGIX vs NEEIX |
See all 21 diversifiers for VMGIX
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