Looking to diversify beyond IAXIX? The mutual funds below have the lowest correlation with IAXIX — 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 IAXIX.
Best Diversifiers for IAXIX
0 mutual funds have low correlation with IAXIX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Wellesley Income Fund Admiral Shares (VWIAX) (Diversified Portfolio) with a 1Y correlation of 0.54, roughly unchanged from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Wellesley Income Fund Admiral Shares | 0.54 | 0.51 | 0.56 | 53 | Diversified Portfolio | IAXIX vs VWIAX | |
| Essex Environmental Opportunities Fund | 0.63 | 0.70 | 0.78 | 63 | Mid Cap Growth Equities | IAXIX vs EEOFX | |
| Baron Focused Growth Fund | 0.63 | 0.71 | 0.78 | 53 | Mid Cap Growth Equities | IAXIX vs BFGFX | |
| Tanaka Growth Fund | 0.63 | 0.66 | 0.74 | 52 | Mid Cap Growth Equities | IAXIX vs TGFRX | |
| Baron Focused Growth Fund Institutional Shares | 0.64 | 0.71 | 0.78 | 54 | Mid Cap Growth Equities | IAXIX vs BFGIX |
See all 19 diversifiers for IAXIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements IAXIX
Add IAXIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IAXIX