Looking to diversify beyond VMGMX? The mutual funds below have the lowest correlation with VMGMX — 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 VMGMX.
Best Diversifiers for VMGMX
0 mutual funds have low correlation with VMGMX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Short-Term Investment-Grade Fund Admiral Shares (VFSUX) (Total Bond Market) with a 1Y correlation of 0.33, up from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Investment-Grade Fund Admiral ... | 0.33 | 0.20 | 0.18 | 57 | Total Bond Market | VMGMX vs VFSUX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.48 | 0.47 | 0.49 | 68 | High Yield Bonds | VMGMX vs VWEAX | |
| Vanguard Emerging Markets Stock Index Fund Admiral... | 0.60 | 0.59 | 0.61 | 58 | Emerging Markets Equities | VMGMX vs VEMAX | |
| Fidelity Select Semiconductors Portfolio | 0.64 | 0.71 | 0.77 | 96 | Semiconductors, Technology Equities | VMGMX vs FSELX | |
| Vanguard Equity Income Fund Admiral Shares | 0.65 | 0.71 | 0.71 | 59 | Large Cap Value Equities | VMGMX vs VEIRX |
See all 72 diversifiers for VMGMX
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