Looking to diversify beyond VMSAX? The mutual funds below have the lowest correlation with VMSAX — 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 VMSAX.
Best Diversifiers for VMSAX
5 mutual funds have low correlation with VMSAX (below 0.3), 0 of which are negatively correlated. The least correlated is Nationwide Strategic Income A (NWXEX) (Multisector Bonds) with a 1Y correlation of 0.06, down from 0.29 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Nationwide Strategic Income A | 0.06 | 0.29 | — | 99 | Multisector Bonds | VMSAX vs NWXEX | |
| Nationwide Amundi Strategic Income Fund | 0.15 | 0.30 | — | 99 | Multisector Bonds | VMSAX vs NWXHX | |
| CrossingBridge Responsible Credit Fund | 0.20 | 0.25 | — | 58 | Multisector Bonds | VMSAX vs CBRDX | |
| CrossingBridge Low Duration High Yield Fund | 0.27 | 0.29 | — | 97 | Multisector Bonds | VMSAX vs CBLDX | |
| SEI Institutional Investments Trust Opportunistic ... | 0.30 | 0.33 | — | 99 | Ultrashort Bond | VMSAX vs ENIAX |
See all 58 diversifiers for VMSAX
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