Looking to diversify beyond ICHKX? The mutual funds below have the lowest correlation with ICHKX — 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 ICHKX.
Best Diversifiers for ICHKX
1 mutual funds have low correlation with ICHKX (below 0.3), 0 of which are negatively correlated. The least correlated is Guinness Atkinson Global Energy Fund (GAGEX) (Energy Equities) with a 1Y correlation of 0.11, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Guinness Atkinson Global Energy Fund | 0.11 | 0.21 | 0.26 | 56 | Energy Equities | ICHKX vs GAGEX | |
| Vanguard Pacific Stock Index Fund Admiral Shares | 0.41 | 0.42 | 0.46 | 78 | Asia Pacific Equities | ICHKX vs VPADX | |
| Vanguard Pacific Stock Index Fund Institutional Sh... | 0.41 | 0.42 | 0.46 | 78 | Asia Pacific Equities | ICHKX vs VPKIX | |
| Matthews Asia Innovators Fund | 0.50 | 0.57 | 0.67 | 92 | Asia Pacific Equities | ICHKX vs MATFX | |
| Matthews Asia ESG Fund | 0.53 | 0.61 | 0.67 | 86 | Asia Pacific Equities | ICHKX vs MASGX |
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