Looking to diversify beyond IEVAX? The mutual funds below have the lowest correlation with IEVAX — 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 IEVAX.
Best Diversifiers for IEVAX
0 mutual funds have low correlation with IEVAX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.49, down from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.49 | 0.61 | 0.69 | 51 | Global Equities | IEVAX vs CSUAX | |
| T. Rowe Price Global Technology Fund I Class | 0.57 | 0.57 | 0.58 | 87 | Technology Equities, Global Equities | IEVAX vs PGTIX | |
| Columbia Global Technology Growth Fund Class A | 0.60 | 0.60 | 0.66 | 76 | Technology Equities, Large Cap Growth Equities | IEVAX vs CTCAX | |
| Columbia Global Technology Growth Fund | 0.60 | 0.60 | 0.66 | 77 | Technology Equities | IEVAX vs CMTFX | |
| Columbia Seligman Technology and Information Fund | 0.63 | 0.66 | 0.71 | 96 | Technology Equities | IEVAX vs SLMCX |
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