Looking to diversify beyond VUBFX? The mutual funds below have historically moved differently from VUBFX, 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 VUBFX
20 mutual funds have low correlation with VUBFX (below 0.3), 2 of which are negatively correlated. The least correlated is PIMCO Short Term Fund (PTSHX) (Ultrashort Bond) with a 1Y correlation of -0.08, roughly unchanged from -0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Short Term Fund | -0.08 | -0.06 | -0.02 | 99 | Ultrashort Bond | VUBFX vs PTSHX | |
| JPMorgan Strategic Income Opportunities Fund Class... | -0.03 | -0.08 | -0.14 | 99 | Total Bond Market | VUBFX vs JSOSX | |
| Vanguard Global Minimum Volatility Fund Investor S... | 0.08 | 0.08 | 0.07 | 80 | Global Equities, Low Volatility | VUBFX vs VMVFX | |
| Fidelity Flex Conservative Income Bond Fund | 0.10 | 0.17 | 0.22 | 99 | Total Bond Market | VUBFX vs FJTDX | |
| Fidelity Conservative Income Bond Institutional Cl... | 0.11 | 0.28 | 0.28 | 99 | Ultrashort Bond | VUBFX vs FCNVX |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VUBFX, 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 Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.14, roughly unchanged from -0.08 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.14 | -0.10 | -0.08 | 85 | Energy | |
| Chevron Corporation | -0.12 | -0.10 | -0.06 | 79 | Energy | |
| SkyWater Technology, Inc. | 0.04 | -0.00 | 0.02 | 96 | Technology | |
| NVIDIA Corporation | 0.07 | -0.01 | 0.02 | 61 | Technology | |
| Marvell Technology, Inc. | 0.09 | 0.01 | 0.02 | 90 | Technology |
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