Looking to diversify beyond ICTEX? The mutual funds below have the lowest correlation with ICTEX — 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 ICTEX.
Best Diversifiers for ICTEX
0 mutual funds have low correlation with ICTEX (below 0.3), 0 of which are negatively correlated. The least correlated is ARK Venture Fund (ARKVX) (Technology Equities) with a 1Y correlation of 0.36, down from 0.52 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ARK Venture Fund | 0.36 | 0.52 | — | 99 | Technology Equities | ICTEX vs ARKVX | |
| ICON Equity Income Fund | 0.46 | 0.49 | 0.62 | 76 | Diversified Portfolio | ICTEX vs IOEZX | |
| ICON FlexibleBondFund | 0.47 | 0.35 | 0.34 | 73 | Multisector Bonds | ICTEX vs IOBZX | |
| Gabelli Global Content & Connectivity Fund Class I | 0.50 | 0.54 | 0.65 | 72 | Technology Equities | ICTEX vs GTTIX | |
| ICON Natural Resources and Infrastructure Fund | 0.55 | 0.60 | 0.66 | 68 | Energy Equities | ICTEX vs ICBMX |
See all 46 diversifiers for ICTEX
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