Looking to diversify beyond VRSAX? The mutual funds below have the lowest correlation with VRSAX — 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 VRSAX.
Best Diversifiers for VRSAX
1 mutual funds have low correlation with VRSAX (below 0.3), 1 of which are negatively correlated. The least correlated is Voya Corporate Leaders Trust Fund (LEXCX) (Large Cap Value Equities) with a 1Y correlation of -0.02, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | -0.02 | 0.34 | 0.51 | 90 | Large Cap Value Equities | VRSAX vs LEXCX | |
| Voya International High Dividend Low Volatility Po... | 0.51 | 0.56 | 0.68 | 73 | Foreign Large Cap Equities | VRSAX vs IFTIX | |
| Voya Russell Large Cap Value Index Portfolio | 0.59 | 0.66 | 0.77 | 94 | Large Cap Value Equities | VRSAX vs IRVIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.69 | 0.69 | 0.68 | 70 | Target Retirement Date | VRSAX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.69 | 0.70 | 0.72 | 70 | Target Retirement Date | VRSAX vs FRQIX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VRSAX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VRSAX and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.38, down from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.38 | 0.48 | 0.61 | 92 | Technology |
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