Looking to diversify beyond IEYYX? The mutual funds below have the lowest correlation with IEYYX — 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 IEYYX.
Best Diversifiers for IEYYX
4 mutual funds have low correlation with IEYYX (below 0.3), 0 of which are negatively correlated. The least correlated is NXG Cushing® Midstream Energy Fund (SRV) (Energy Equities) with a 1Y correlation of 0.18, down from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| NXG Cushing® Midstream Energy Fund | 0.18 | 0.30 | 0.50 | 58 | Energy Equities | IEYYX vs SRV | |
| Eagle MLP Strategy Fund | 0.24 | 0.47 | 0.68 | 53 | Energy Equities | IEYYX vs EGLIX | |
| Virtus Duff & Phelps Select MLP and Energy Fund | 0.27 | 0.50 | 0.71 | 58 | Energy Equities | IEYYX vs VLPIX | |
| Invesco SteelPath MLP Select 40 Fund | 0.28 | 0.47 | 0.66 | 55 | Energy Equities | IEYYX vs MLPTX | |
| Recurrent MLP & Infrastructure Fund | 0.32 | 0.52 | 0.71 | 58 | Energy Equities | IEYYX vs RMLPX |
See all 33 diversifiers for IEYYX
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