Looking to diversify beyond VPCCX? The mutual funds below have historically moved differently from VPCCX, 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 VPCCX
7 mutual funds have low correlation with VPCCX (below 0.3), 1 of which are negatively correlated. The least correlated is Fidelity Select Energy Portfolio (FSENX) (Energy Equities) with a 1Y correlation of -0.01, down from 0.35 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Energy Portfolio | -0.01 | 0.23 | 0.36 | 88 | Energy Equities | VPCCX vs FSENX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.06 | 0.08 | 0.13 | 87 | Inflation-Protected Bonds | VPCCX vs VTAPX | |
| Vanguard Market Neutral Fund Investor Shares | 0.07 | -0.00 | -0.00 | 97 | Long-Short | VPCCX vs VMNFX | |
| Vanguard Limited-Term Tax-Exempt Fund Investor Sha... | 0.13 | 0.10 | 0.09 | 56 | Municipal Bonds | VPCCX vs VMLTX | |
| Vanguard Intermediate-Term Tax-Exempt Fund Investo... | 0.18 | 0.13 | 0.10 | 53 | Municipal Bonds | VPCCX vs VWITX |
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 VPCCX, 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 Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.31, down from 0.10 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.31 | -0.05 | 0.10 | 64 | Consumer Defensive | |
| The Coca-Cola Company | -0.20 | 0.02 | 0.20 | 86 | Consumer Defensive | |
| Chevron Corporation | -0.20 | 0.08 | 0.24 | 76 | Energy | |
| Philip Morris International Inc. | -0.18 | 0.04 | 0.19 | 63 | Consumer Defensive | |
| Verizon Communications Inc. | -0.18 | 0.01 | 0.14 | 63 | Communication Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements VPCCX
Add VPCCX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VPCCX