Looking to diversify beyond IEMFX? The mutual funds below have the lowest correlation with IEMFX — 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 IEMFX.
Best Diversifiers for IEMFX
0 mutual funds have low correlation with IEMFX (below 0.3), 0 of which are negatively correlated. The least correlated is T. Rowe Price Dividend Growth Fund, Inc. (PRDGX) (Large Cap Blend Equities) with a 1Y correlation of 0.48, roughly unchanged from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Dividend Growth Fund, Inc. | 0.48 | 0.51 | 0.53 | 52 | Large Cap Blend Equities, Dividend | IEMFX vs PRDGX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.50 | 0.63 | 0.68 | 87 | Emerging Markets Diversified | IEMFX vs ESCIX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.66 | 0.75 | 0.79 | 92 | Emerging Markets Diversified | IEMFX vs EMPTX | |
| Cullen Emerging Markets High Dividend Fund | 0.67 | 0.75 | 0.77 | 89 | Emerging Markets Diversified | IEMFX vs CEMFX | |
| T. Rowe Price U.S. Equity Research Fund | 0.67 | 0.64 | 0.62 | 64 | Large Cap Blend Equities | IEMFX vs PRCOX |
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