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

Best Diversifiers for VOLMX

1 mutual funds have low correlation with VOLMX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.29, up from 0.12 over 5 years.


Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from VOLMX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VOLMX and solid risk/return profiles. The least correlated is Eli Lilly and Company (LLY) (Healthcare) with a 1Y correlation of 0.15, down from 0.30 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Eli Lilly and Company0.150.260.30
75
Healthcare
Edison International0.260.310.37
90
Utilities
3M Company0.530.520.59
59
Industrials

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Diversification Analysis

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