Looking to diversify beyond ICAFX? The mutual funds below have the lowest correlation with ICAFX — 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 ICAFX.
Best Diversifiers for ICAFX
0 mutual funds have low correlation with ICAFX (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin Income Fund Advisor Class (FRIAX) (Diversified Portfolio) with a 1Y correlation of 0.49, down from 0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin Income Fund Advisor Class | 0.49 | 0.52 | 0.66 | 87 | Diversified Portfolio | ICAFX vs FRIAX | |
| ICON Equity Fund | 0.71 | 0.73 | 0.80 | 85 | Large Cap Growth Equities | ICAFX vs IOLZX | |
| One Rock Fund | 0.75 | 0.79 | 0.79 | 89 | Large Cap Growth Equities | ICAFX vs ONERX | |
| American Funds Capital Income Builder Class A | 0.76 | 0.79 | 0.84 | 62 | Diversified Portfolio | ICAFX vs CAIBX | |
| PrimeCap Odyssey Growth Fund | 0.82 | 0.86 | 0.89 | 94 | Large Cap Growth Equities | ICAFX vs POGRX |
See all 21 diversifiers for ICAFX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ICAFX
Add ICAFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ICAFX