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Looking to diversify beyond VMLUX? The mutual funds below have the lowest correlation with VMLUX — 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 VMLUX.

Best Diversifiers for VMLUX

16 mutual funds have low correlation with VMLUX (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 0.02, roughly unchanged from 0.05 over 5 years.


Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from VMLUX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VMLUX and solid risk/return profiles. The least correlated is Suncor Energy Inc. (SU) (Energy) with a 1Y correlation of -0.19, down from -0.06 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Suncor Energy Inc.-0.19-0.08-0.06
95
Energy
Cisco Systems, Inc.-0.030.020.04
95
Technology
Apple Inc-0.030.030.04
89
Technology
Target Corporation-0.020.070.07
71
Consumer Defensive
Union Pacific Corporation-0.000.060.03
68
Industrials
See all 19 low-correlation stocks for VMLUX

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