Looking to diversify beyond VTMNX? The mutual funds below have the lowest correlation with VTMNX — 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 VTMNX.
Best Diversifiers for VTMNX
0 mutual funds have low correlation with VTMNX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Short-Term Investment-Grade Fund Institutional Shares (VFSIX) (Total Bond Market) with a 1Y correlation of 0.34, roughly unchanged from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Investment-Grade Fund Institut... | 0.34 | 0.27 | 0.24 | 64 | Total Bond Market | VTMNX vs VFSIX | |
| American Funds American High-Income Trust® Class R... | 0.54 | 0.55 | 0.57 | 87 | High Yield Bonds | VTMNX vs RITGX | |
| Vanguard Information Technology Index Fund Admiral... | 0.60 | 0.61 | 0.67 | 79 | Technology Equities | VTMNX vs VITAX | |
| Kopernik International Fund | 0.62 | 0.53 | 0.64 | 82 | Foreign Large Cap Equities | VTMNX vs KGIIX | |
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 0.62 | 0.68 | 0.74 | 54 | Mid Cap Value Equities | VTMNX vs VMVAX |
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