Looking to diversify beyond IFN? The mutual funds below have the lowest correlation with IFN — 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 IFN.
Best Diversifiers for IFN
3 mutual funds have low correlation with IFN (below 0.3), 0 of which are negatively correlated. The least correlated is Pzena Emerging Markets Value Fund Institutional Class (PZIEX) (Emerging Markets Equities) with a 1Y correlation of 0.20, roughly unchanged from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pzena Emerging Markets Value Fund Institutional Cl... | 0.20 | 0.27 | 0.29 | 74 | Emerging Markets Equities | IFN vs PZIEX | |
| Nomura Emerging Markets Fund Class A | 0.24 | 0.33 | 0.40 | 98 | Emerging Markets Equities | IFN vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 0.25 | 0.34 | 0.40 | 98 | Emerging Markets Equities | IFN vs DEMCX | |
| Adams Diversified Equity Fund, Inc. | 0.31 | 0.35 | 0.45 | 77 | Large Cap Growth Equities | IFN vs ADX | |
| The Korea Fund Inc | 0.32 | 0.32 | 0.36 | 98 | Emerging Markets Equities | IFN vs KF |
See all 17 diversifiers for IFN
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Diversification Analysis
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