Looking to diversify beyond VSMGX? The mutual funds below have the lowest correlation with VSMGX — 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 VSMGX.
Best Diversifiers for VSMGX
7 mutual funds have low correlation with VSMGX (below 0.3), 2 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.19, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.19 | -0.01 | 0.11 | 60 | Diversified Portfolio | VSMGX vs SIFAX | |
| Fidelity Select Energy Portfolio | -0.07 | 0.20 | 0.32 | 63 | Energy Equities | VSMGX vs FSENX | |
| MH Elite Small Cap Fund of Funds Fund | 0.00 | 0.14 | 0.48 | 67 | Diversified Portfolio | VSMGX vs MHELX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.16 | 0.25 | 0.28 | 91 | Inflation-Protected Bonds | VSMGX vs VTAPX | |
| Vanguard Limited-Term Tax-Exempt Fund Investor Sha... | 0.22 | 0.21 | 0.19 | 77 | Municipal Bonds | VSMGX vs VMLTX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VSMGX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VSMGX and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.18, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.18 | 0.04 | 0.14 | 79 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.17 | 0.02 | 0.16 | 71 | Energy | |
| ConocoPhillips Company | -0.16 | 0.06 | 0.20 | 63 | Energy | |
| Occidental Petroleum Corporation | -0.16 | 0.07 | 0.20 | 60 | Energy | |
| Waste Management, Inc. | -0.16 | 0.09 | 0.22 | 51 | Industrials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements VSMGX
Add VSMGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VSMGX