Looking to diversify beyond VPKIX? The mutual funds below have the lowest correlation with VPKIX — 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 VPKIX.
Best Diversifiers for VPKIX
5 mutual funds have low correlation with VPKIX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Energy Fund Admiral Shares (VGELX) (Energy Equities) with a 1Y correlation of 0.13, down from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Energy Fund Admiral Shares | 0.13 | 0.32 | 0.44 | 79 | Energy Equities | VPKIX vs VGELX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.14 | 0.19 | 0.21 | 91 | Inflation-Protected Bonds | VPKIX vs VTSPX | |
| Vanguard Short-Term Treasury Fund Investor Shares | 0.22 | 0.19 | 0.16 | 52 | Government Bonds | VPKIX vs VFISX | |
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | 0.26 | 0.23 | 0.23 | 100 | Total Bond Market | VPKIX vs VUSFX | |
| Vanguard Short-Term Investment-Grade Fund Institut... | 0.27 | 0.25 | 0.24 | 71 | Total Bond Market | VPKIX vs VFSIX |
See all 39 diversifiers for VPKIX
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