Looking to diversify beyond VTSNX? The mutual funds below have historically moved differently from VTSNX, 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 VTSNX
6 mutual funds have low correlation with VTSNX (below 0.3), 1 of which are negatively correlated. The least correlated is Fidelity Select Energy Portfolio (FSENX) (Energy Equities) with a 1Y correlation of -0.03, down from 0.35 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Energy Portfolio | -0.03 | 0.21 | 0.35 | 88 | Energy Equities | VTSNX vs FSENX | |
| Credit Suisse Trust Commodity Return Strategy Port... | 0.03 | 0.19 | 0.26 | 71 | Commodities | VTSNX vs CCRSX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.13 | 0.17 | 0.20 | 87 | Inflation-Protected Bonds | VTSNX vs VTAPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.14 | 0.17 | 0.20 | 87 | Inflation-Protected Bonds | VTSNX vs VTSPX | |
| DFA One Year Fixed Income Portfolio | 0.16 | 0.04 | 0.07 | 100 | Ultrashort Bond | VTSNX vs DFIHX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VTSNX, 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 -0.20, 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. | -0.20 | 0.03 | 0.13 | 64 | Consumer Defensive | |
| ConocoPhillips Company | -0.18 | 0.05 | 0.22 | 71 | Energy | |
| The Coca-Cola Company | -0.17 | 0.07 | 0.18 | 86 | Consumer Defensive | |
| Occidental Petroleum Corporation | -0.16 | 0.09 | 0.25 | 68 | Energy | |
| Devon Energy Corporation | -0.14 | 0.11 | 0.26 | 76 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements VTSNX
Add VTSNX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VTSNX