Looking to diversify beyond VMLTX? The mutual funds below have historically moved differently from VMLTX, 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 VMLTX
27 mutual funds have low correlation with VMLTX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of 0.04, down from 0.24 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | 0.04 | 0.19 | 0.24 | 91 | Municipal Bonds | VMLTX vs DCARX | |
| Vanguard PRIMECAP Core Fund | 0.11 | 0.11 | 0.09 | 92 | Large Cap Blend Equities, Actively Managed | VMLTX vs VPCCX | |
| DFA Municipal Real Return Portfolio | 0.12 | 0.24 | 0.26 | 94 | Municipal Bonds | VMLTX vs DMREX | |
| Vanguard 500 Index Fund Admiral Shares | 0.14 | 0.10 | 0.08 | 63 | S&P 500, Large Cap Blend Equities | VMLTX vs VFIAX | |
| Vanguard Tax-Managed Capital Appreciation Fund Adm... | 0.14 | 0.11 | 0.09 | 62 | Large Cap Blend Equities | VMLTX vs VTCLX |
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