Looking to diversify beyond VMGRX? The mutual funds below have the lowest correlation with VMGRX — 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 VMGRX.
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) (Large Cap Value Equities) with a 1Y correlation of 0.59, roughly unchanged from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Equity Income Fund Investor Shares | 0.59 | 0.66 | 0.68 | 60 | Large Cap Value Equities | VMGRX vs VEIPX | |
| Vanguard Equity Income Fund Admiral Shares | 0.59 | 0.66 | 0.68 | 61 | Large Cap Value Equities | VMGRX vs VEIRX | |
| Vanguard International Value Fund | 0.64 | 0.67 | 0.70 | 67 | Foreign Large Cap Equities | VMGRX vs VTRIX | |
| Essex Environmental Opportunities Fund | 0.68 | 0.76 | 0.81 | 63 | Mid Cap Growth Equities | VMGRX vs EEOFX | |
| Tanaka Growth Fund | 0.68 | 0.74 | 0.79 | 52 | Mid Cap Growth Equities | VMGRX vs TGFRX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VMGRX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VMGRX and solid risk/return profiles. The least correlated is Bristol-Myers Squibb Company (BMY) (Healthcare) with a 1Y correlation of 0.11, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Bristol-Myers Squibb Company | 0.11 | 0.11 | 0.14 | 68 | Healthcare |
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