Looking to diversify beyond VTEAX? The mutual funds below have the lowest correlation with VTEAX — 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 VTEAX.
Best Diversifiers for VTEAX
17 mutual funds have low correlation with VTEAX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Conservative Municipal Microshort Fund (FHMIX) (Municipal Bonds) with a 1Y correlation of 0.02, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Conservative Municipal Microshort... | 0.02 | 0.08 | 0.07 | 99 | Municipal Bonds | VTEAX vs FHMIX | |
| DFA Municipal Real Return Portfolio | 0.03 | 0.20 | 0.23 | 94 | Municipal Bonds | VTEAX vs DMREX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 0.07 | 0.09 | 0.09 | 99 | Municipal Bonds | VTEAX vs TFCYX | |
| abrdn Ultra Short Municipal Income Fund | 0.13 | 0.14 | 0.15 | 99 | Municipal Bonds | VTEAX vs ATOIX | |
| Vanguard Information Technology Index Fund Admiral... | 0.14 | 0.11 | 0.11 | 65 | Technology Equities | VTEAX vs VITAX |
See all 45 diversifiers for VTEAX
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