Looking to diversify beyond VPADX? The mutual funds below have the lowest correlation with VPADX — 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 VPADX.
Best Diversifiers for VPADX
2 mutual funds have low correlation with VPADX (below 0.3), 0 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 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Energy Index Fund Admiral Shares | 0.03 | 0.21 | 0.32 | 58 | Energy Equities | VPADX vs VENAX | |
| Vanguard Energy Fund Admiral Shares | 0.18 | 0.35 | 0.46 | 85 | Energy Equities | VPADX vs VGELX | |
| Fidelity Strategic Real Return Fund | 0.41 | 0.56 | 0.60 | 96 | Diversified Portfolio | VPADX vs FSRRX | |
| Fidelity Strategic Income Fund | 0.57 | 0.52 | 0.49 | 87 | Total Bond Market | VPADX vs FADMX | |
| Guinness Atkinson Asia Focus Fund | 0.59 | 0.64 | 0.66 | 68 | Asia Pacific Equities | VPADX vs IASMX |
See all 39 diversifiers for VPADX
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