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
18 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 0.16, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| NXG Cushing® Midstream Energy Fund | 0.16 | 0.29 | 0.49 | 73 | Energy Equities | IEYYX vs SRV | |
| Goldman Sachs Energy Infrastructure Fund | 0.20 | 0.45 | 0.67 | 75 | Energy Equities | IEYYX vs GLEIX | |
| MainGate MLP Fund | 0.21 | 0.42 | 0.64 | 62 | Energy Equities | IEYYX vs IMLPX | |
| Invesco SteelPath MLP Alpha Plus Fund Class R5 | 0.22 | 0.43 | 0.64 | 67 | Energy Equities | IEYYX vs SPMPX | |
| Tortoise MLP & Pipeline Fund | 0.22 | 0.45 | 0.67 | 72 | Energy Equities | IEYYX vs TORIX |
See all 51 diversifiers for IEYYX
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