Looking to diversify beyond AIIEX? The mutual funds below have the lowest correlation with AIIEX — 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 AIIEX.
Best Diversifiers for AIIEX
0 mutual funds have low correlation with AIIEX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes International Strategic Value Dividend Fund (IVFIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.40, down from 0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes International Strategic Value Div... | 0.40 | 0.51 | 0.63 | 63 | Foreign Large Cap Equities | AIIEX vs IVFIX | |
| PIMCO RAE PLUS International Fund | 0.51 | 0.53 | 0.58 | 83 | Foreign Large Cap Equities | AIIEX vs PTSIX | |
| SA International Value Fund | 0.58 | 0.59 | 0.67 | 89 | Foreign Large Cap Equities | AIIEX vs SAHMX | |
| Invesco Comstock Fund | 0.62 | 0.66 | 0.71 | 68 | Large Cap Value Equities | AIIEX vs ACSTX | |
| EuroPac International Dividend Income Fund | 0.62 | 0.61 | 0.66 | 76 | Foreign Large Cap Equities | AIIEX vs EPDIX |
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