Looking to diversify beyond IDE? The mutual funds below have the lowest correlation with IDE — 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 IDE.
Best Diversifiers for IDE
1 mutual funds have low correlation with IDE (below 0.3), 0 of which are negatively correlated. The least correlated is Voya Corporate Leaders Trust Fund (LEXCX) (Large Cap Value Equities) with a 1Y correlation of 0.11, down from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.11 | 0.35 | 0.46 | 53 | Large Cap Value Equities | IDE vs LEXCX | |
| Adams Diversified Equity Fund, Inc. | 0.37 | 0.47 | 0.56 | 73 | Large Cap Growth Equities | IDE vs ADX | |
| Voya Russell Large Cap Index Portfolio | 0.39 | 0.42 | 0.52 | 75 | Large Cap Blend Equities | IDE vs IIRLX | |
| Voya U.S. Stock Index Portfolio | 0.40 | 0.44 | 0.54 | 55 | Large Cap Blend Equities | IDE vs INGIX | |
| Voya Russell Large Cap Value Index Portfolio | 0.45 | 0.49 | 0.57 | 89 | Large Cap Value Equities | IDE vs IRVIX |
See all 6 diversifiers for IDE
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