Looking to diversify beyond IAVIX? The mutual funds below have historically moved differently from IAVIX, 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 IAVIX
3 mutual funds have low correlation with IAVIX (below 0.3), 2 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.23, down from 0.07 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.23 | -0.07 | 0.07 | 83 | Diversified Portfolio | IAVIX vs SIFAX | |
| Voya Corporate Leaders Trust Fund | -0.02 | 0.33 | 0.51 | 93 | Large Cap Value Equities | IAVIX vs LEXCX | |
| MH Elite Small Cap Fund of Funds Fund | 0.04 | 0.15 | 0.51 | 66 | Diversified Portfolio | IAVIX vs MHELX | |
| Concorde Wealth Management Fund | 0.30 | 0.57 | 0.70 | 83 | Diversified Portfolio | IAVIX vs CONWX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.31 | 0.49 | 0.57 | 89 | Diversified Portfolio | IAVIX vs FCSRX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements IAVIX
Add IAVIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IAVIX