Looking to diversify beyond VTIVX? The mutual funds below have historically moved differently from VTIVX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for VTIVX
6 mutual funds have low correlation with VTIVX (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 0.34 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Energy Portfolio | -0.07 | 0.20 | 0.34 | 87 | Energy Equities | VTIVX vs FSENX | |
| Vanguard Market Neutral Fund Investor Shares | -0.01 | -0.04 | -0.05 | 97 | Long-Short | VTIVX vs VMNFX | |
| MFS Commodity Strategy Fund | 0.03 | 0.14 | 0.21 | 73 | Commodities | VTIVX vs MCSIX | |
| Vanguard Energy Opportunities Fund Admiral Shares | 0.05 | 0.30 | 0.46 | 91 | Energy Equities | VTIVX vs VGELX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.13 | 0.17 | 0.20 | 91 | Inflation-Protected Bonds | VTIVX vs VTAPX |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VTIVX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.27, down from 0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.27 | -0.00 | 0.13 | 66 | Consumer Defensive | |
| Chubb Limited | -0.22 | 0.06 | 0.25 | 89 | Financial Services | |
| Chevron Corporation | -0.22 | 0.06 | 0.23 | 80 | Energy | |
| Duke Energy Corporation | -0.21 | -0.01 | 0.13 | 56 | Utilities | |
| Exxon Mobil Corporation | -0.21 | 0.04 | 0.21 | 84 | Energy |
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