Looking to diversify beyond VMGRX? The mutual funds below have historically moved differently from VMGRX, 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 VMGRX
0 mutual funds have low correlation with VMGRX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Equity Income Fund Investor Shares (VEIPX) (Dividend) with a 1Y correlation of 0.50, down from 0.66 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Equity Income Fund Investor Shares | 0.50 | 0.63 | 0.66 | 86 | Dividend, Large Cap Value Equities | VMGRX vs VEIPX | |
| Vanguard Equity Income Fund Admiral Shares | 0.50 | 0.63 | 0.66 | 86 | Dividend, Large Cap Value Equities | VMGRX vs VEIRX | |
| Vanguard Selected Value Fund | 0.56 | 0.67 | 0.73 | 64 | Mid-Cap Value | VMGRX vs VASVX | |
| Vanguard International Value Fund | 0.63 | 0.65 | 0.70 | 86 | Foreign Large Cap Equities | VMGRX vs VTRIX | |
| Vanguard Total International Stock Index Fund Admi... | 0.71 | 0.70 | 0.73 | 70 | Foreign Large Cap Equities | VMGRX vs VTIAX |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VMGRX, 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 Bristol-Myers Squibb Company (BMY) (Healthcare) with a 1Y correlation of 0.03, roughly unchanged from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Bristol-Myers Squibb Company | 0.03 | 0.08 | 0.12 | 91 | Healthcare |
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