Looking to diversify beyond VPADX? The mutual funds below have historically moved differently from VPADX, 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 VPADX
2 mutual funds have low correlation with VPADX (below 0.3), 1 of which are negatively correlated. The least correlated is Vanguard Energy Index Fund Admiral Shares (VENAX) (Energy Equities) with a 1Y correlation of -0.03, down from 0.29 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Energy Index Fund Admiral Shares | -0.03 | 0.17 | 0.29 | 72 | Energy Equities | VPADX vs VENAX | |
| Vanguard Energy Fund Admiral Shares | 0.12 | 0.31 | 0.43 | 91 | Energy Equities | VPADX vs VGELX | |
| Morgan Stanley China A Share Fund | 0.37 | 0.35 | 0.41 | 78 | China Equities, Asia Pacific Equities | VPADX vs CAF | |
| Fidelity Strategic Real Return Fund | 0.39 | 0.53 | 0.58 | 95 | Diversified Portfolio | VPADX vs FSRRX | |
| Vanguard Global Minimum Volatility Fund Investor S... | 0.41 | 0.54 | 0.60 | 80 | Global Equities, Low Volatility | VPADX vs VMVFX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VPADX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Omega Healthcare Investors, Inc. (OHI) (Real Estate) with a 1Y correlation of -0.11, down from 0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Omega Healthcare Investors, Inc. | -0.11 | 0.11 | 0.19 | 90 | Real Estate |
Build a portfolio that complements VPADX
Add VPADX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VPADX