Looking to diversify beyond VPKIX? The mutual funds below have historically moved differently from VPKIX, 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 VPKIX
6 mutual funds have low correlation with VPKIX (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 -0.02, 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 | -0.02 | 0.16 | 0.29 | 72 | Energy Equities | VPKIX vs VENAX | |
| Vanguard Energy Fund Admiral Shares | 0.11 | 0.31 | 0.42 | 91 | Energy Equities | VPKIX vs VGELX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.13 | 0.18 | 0.20 | 91 | Inflation-Protected Bonds | VPKIX vs VTSPX | |
| Vanguard Short-Term Treasury Fund Investor Shares | 0.26 | 0.18 | 0.17 | 65 | Government Bonds | VPKIX vs VFISX | |
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | 0.26 | 0.22 | 0.23 | 100 | Total Bond Market | VPKIX vs VUSFX |
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