Looking to diversify beyond VMIAX? The mutual funds below have the lowest correlation with VMIAX — 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 VMIAX.
Best Diversifiers for VMIAX
3 mutual funds have low correlation with VMIAX (below 0.3), 1 of which are negatively correlated. The least correlated is Vanguard Market Neutral Fund Investor Shares (VMNFX) (Long-Short) with a 1Y correlation of -0.16, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Market Neutral Fund Investor Shares | -0.16 | -0.06 | 0.02 | 65 | Long-Short | VMIAX vs VMNFX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.08 | 0.13 | 0.17 | 94 | Inflation-Protected Bonds | VMIAX vs VTAPX | |
| Vanguard Energy Index Fund Admiral Shares | 0.11 | 0.35 | 0.47 | 58 | Energy Equities | VMIAX vs VENAX | |
| Fidelity Natural Resources Fund | 0.41 | 0.53 | 0.60 | 86 | Energy Equities | VMIAX vs FNARX | |
| Vanguard Information Technology Index Fund Admiral... | 0.42 | 0.49 | 0.58 | 74 | Technology Equities | VMIAX vs VITAX |
See all 19 diversifiers for VMIAX
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