Looking to diversify beyond VTHRX? The mutual funds below have the lowest correlation with VTHRX — 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 VTHRX.
Best Diversifiers for VTHRX
7 mutual funds have low correlation with VTHRX (below 0.3), 2 of which are negatively correlated. The least correlated is Fidelity Select Energy Portfolio (FSENX) (Energy Equities) with a 1Y correlation of -0.07, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Energy Portfolio | -0.07 | 0.20 | 0.33 | 62 | Energy Equities | VTHRX vs FSENX | |
| Vanguard Market Neutral Fund Investor Shares | -0.03 | -0.05 | -0.07 | 95 | Long-Short | VTHRX vs VMNFX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.16 | 0.24 | 0.27 | 90 | Inflation-Protected Bonds | VTHRX vs VTAPX | |
| Neuberger Berman Floating Rate Income Fund | 0.22 | 0.19 | 0.27 | 93 | Bank Loan | VTHRX vs NFIAX | |
| Vanguard Limited-Term Tax-Exempt Fund Investor Sha... | 0.22 | 0.20 | 0.18 | 76 | Municipal Bonds | VTHRX vs VMLTX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VTHRX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VTHRX and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.19, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.19 | 0.04 | 0.15 | 81 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.18 | 0.04 | 0.20 | 75 | Energy | |
| ConocoPhillips Company | -0.17 | 0.04 | 0.18 | 66 | Energy | |
| Occidental Petroleum Corporation | -0.16 | 0.08 | 0.20 | 62 | Energy | |
| Devon Energy Corporation | -0.15 | 0.11 | 0.25 | 72 | Energy |
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Build a portfolio that complements VTHRX
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