Looking to diversify beyond VMRXX? The mutual funds below have the lowest correlation with VMRXX — 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 VMRXX.
Best Diversifiers for VMRXX
107 mutual funds have low correlation with VMRXX (below 0.3), 56 of which are negatively correlated. The least correlated is Fidelity Emerging Markets Index Fund (FPADX) (Emerging Markets Diversified) with a 1Y correlation of -0.10, roughly unchanged from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Emerging Markets Index Fund | -0.10 | -0.09 | -0.06 | 89 | Emerging Markets Diversified | VMRXX vs FPADX | |
| Vanguard Commodity Strategy Fund Admiral Shares | -0.10 | -0.08 | -0.03 | 75 | Commodities | VMRXX vs VCMDX | |
| Fidelity Select Technology Portfolio | -0.10 | -0.04 | — | 93 | Technology Equities | VMRXX vs FSPTX | |
| Fidelity Series Commodity Strategy Fund | -0.07 | -0.07 | -0.03 | 69 | Commodities | VMRXX vs FCSSX | |
| Vanguard Information Technology Index Fund Admiral... | -0.07 | -0.03 | -0.00 | 79 | Technology Equities | VMRXX vs VITAX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VMRXX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VMRXX and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.13, roughly unchanged from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.13 | -0.08 | -0.04 | 82 | Technology | |
| KLA Corporation | -0.12 | -0.04 | -0.02 | 95 | Technology | |
| Micron Technology, Inc. | -0.12 | -0.08 | -0.06 | 99 | Technology | |
| Lam Research Corporation | -0.11 | -0.05 | -0.02 | 98 | Technology | |
| Starbucks Corporation | -0.11 | -0.02 | 0.00 | 56 | Consumer Cyclical |
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