Looking to diversify beyond IDXGX? The mutual funds below have the lowest correlation with IDXGX — 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 IDXGX.
Best Diversifiers for IDXGX
1 mutual funds have low correlation with IDXGX (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 0.08, down from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.08 | 0.37 | 0.52 | 53 | Large Cap Value Equities | IDXGX vs LEXCX | |
| Voya Russell Large Cap Value Index Portfolio | 0.61 | 0.67 | 0.76 | 89 | Large Cap Value Equities | IDXGX vs IRVIX | |
| Dimensional Retirement Income Fund | 0.70 | 0.81 | 0.78 | 83 | Target Retirement Date | IDXGX vs TDIFX | |
| Voya Russell Large Cap Index Portfolio | 0.72 | 0.79 | 0.85 | 75 | Large Cap Blend Equities | IDXGX vs IIRLX | |
| Voya U.S. Stock Index Portfolio | 0.74 | 0.81 | 0.87 | 55 | Large Cap Blend Equities | IDXGX vs INGIX |
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