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
0 mutual funds have low correlation with ICHKX (below 0.3), 0 of which are negatively correlated. The least correlated is Morgan Stanley China A Share Fund (CAF) (China Equities) with a 1Y correlation of 0.58, down from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Morgan Stanley China A Share Fund | 0.58 | 0.64 | 0.69 | 85 | China Equities | ICHKX vs CAF | |
| Matthews China Small Companies Fund | 0.61 | 0.75 | 0.79 | 96 | China Equities | ICHKX vs MCSMX | |
| Fidelity Advisor China Region Fund Class C | 0.66 | 0.73 | 0.79 | 94 | China Equities | ICHKX vs FCHKX | |
| Fidelity China Region Fund | 0.66 | 0.73 | 0.79 | 94 | China Equities | ICHKX vs FHKCX | |
| Fidelity Advisor China Region Fund Class I | 0.66 | 0.73 | 0.79 | 94 | China Equities | ICHKX vs FHKIX |
See all 12 diversifiers for ICHKX
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