Looking to diversify beyond IAVIX? The mutual funds below have the lowest correlation with IAVIX — 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 IAVIX.
Best Diversifiers for IAVIX
1 mutual funds have low correlation with IAVIX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.05, down from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.05 | 0.18 | 0.52 | 70 | Diversified Portfolio | IAVIX vs MHELX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.33 | 0.51 | 0.58 | 86 | Diversified Portfolio | IAVIX vs FSIRX | |
| Fidelity Strategic Real Return Fund | 0.33 | 0.52 | 0.59 | 87 | Diversified Portfolio | IAVIX vs FSRRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.34 | 0.52 | 0.58 | 82 | Diversified Portfolio | IAVIX vs FCSRX | |
| Fidelity Strategic Real Return Fund Class K6 | 0.34 | 0.52 | 0.59 | 88 | Diversified Portfolio | IAVIX vs FSRKX |
See all 29 diversifiers for IAVIX
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