Looking to diversify beyond IAF? The mutual funds below have the lowest correlation with IAF — 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 IAF.
Best Diversifiers for IAF
0 mutual funds have low correlation with IAF (below 0.3), 0 of which are negatively correlated. The least correlated is Thornburg Global Opportunities Fund (THOIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.50, down from 0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Thornburg Global Opportunities Fund | 0.50 | 0.58 | 0.60 | 94 | Foreign Large Cap Equities | IAF vs THOIX | |
| Kopernik International Fund | 0.51 | 0.45 | 0.52 | 82 | Foreign Large Cap Equities | IAF vs KGIIX | |
| EuroPac International Dividend Income Fund | 0.51 | 0.56 | 0.59 | 89 | Foreign Large Cap Equities | IAF vs EPDIX | |
| Calamos International Growth Fund | 0.51 | 0.57 | 0.61 | 55 | Foreign Large Cap Equities | IAF vs CIGIX | |
| American Beacon Tocqueville International Value Fu... | 0.53 | 0.55 | 0.59 | 93 | Foreign Large Cap Equities | IAF vs TIVFX |
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