Looking to diversify beyond VMSAX? The mutual funds below have historically moved differently from VMSAX, 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 VMSAX
6 mutual funds have low correlation with VMSAX (below 0.3), 1 of which are negatively correlated. The least correlated is Symmetry Panoramic Alternatives Fund (SPATX) (Multistrategy) with a 1Y correlation of -0.19, roughly unchanged from -0.16 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Symmetry Panoramic Alternatives Fund | -0.19 | -0.16 | — | 98 | Multistrategy | VMSAX vs SPATX | |
| Strategic Advisers Alternatives Fund | 0.04 | 0.05 | — | 99 | Multistrategy | VMSAX vs FSLTX | |
| Nationwide Strategic Income A | 0.19 | 0.30 | — | 99 | Multisector Bonds | VMSAX vs NWXEX | |
| Nationwide Amundi Strategic Income Fund | 0.23 | 0.31 | — | 99 | Multisector Bonds | VMSAX vs NWXHX | |
| CrossingBridge Low Duration High Yield Fund | 0.27 | 0.29 | — | 96 | Multisector Bonds | VMSAX vs CBLDX |
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