Looking to diversify beyond VMLTX? The mutual funds below have the lowest correlation with VMLTX — 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 VMLTX.
Best Diversifiers for VMLTX
26 mutual funds have low correlation with VMLTX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Information Technology Index Fund Admiral Shares (VITAX) (Technology Equities) with a 1Y correlation of 0.03, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology Index Fund Admiral... | 0.03 | 0.04 | 0.05 | 65 | Technology Equities | VMLTX vs VITAX | |
| DFA California Municipal Real Return Portfolio | 0.08 | 0.21 | 0.24 | 95 | Municipal Bonds | VMLTX vs DCARX | |
| Vanguard PRIMECAP Core Fund | 0.09 | 0.10 | 0.08 | 96 | Large Cap Blend Equities, Actively Managed | VMLTX vs VPCCX | |
| DFA Short Term Municipal Bond Portfolio | 0.09 | 0.27 | 0.37 | 99 | Municipal Bonds | VMLTX vs DFSMX | |
| Vanguard Growth and Income Fund Admiral Shares | 0.11 | 0.08 | 0.06 | 59 | Large Cap Blend Equities | VMLTX vs VGIAX |
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