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VY Columbia Small Cap Value II Portfolio (ICISX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 5, 2026

The investment seeks long-term growth of capital. Under normal market conditions, the Portfolio invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of companies that have market capitalizations in the range of the companies within the Russell 2000 Value Index (which measures the performance of the small-cap value segment of the U.S. equity universe), at the time of purchase, that the sub-adviser ("Sub-Adviser") believes are undervalued and have the potential for long-term growth.

Looking to diversify beyond ICISX? The mutual funds below have the lowest correlation with ICISX — 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 ICISX.

Best Diversifiers for ICISX

0 mutual funds have low correlation with ICISX (below 0.3), 0 of which are negatively correlated. The least correlated is Aegis Value Fund (AVALX) (Small Cap Value Equities) with a 1Y correlation of 0.36, down from 0.56 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
AVALX
Aegis Value Fund0.360.480.56
92
Small Cap Value EquitiesICISX vs AVALX
LEXCX
Voya Corporate Leaders Trust Fund0.410.560.65
52
Large Cap Value EquitiesICISX vs LEXCX
IIRLX
Voya Russell Large Cap Index Portfolio0.560.620.72
69
Large Cap Blend EquitiesICISX vs IIRLX
BRSIX
Bridgeway Ultra Small Company Market Fund0.600.710.76
67
Small Cap Value EquitiesICISX vs BRSIX
INGIX
Voya U.S. Stock Index Portfolio0.620.690.77
52
Large Cap Blend EquitiesICISX vs INGIX
See all 23 diversifiers for ICISX

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