Looking to diversify beyond IFPUX? The mutual funds below have the lowest correlation with IFPUX — 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 IFPUX.
Best Diversifiers for IFPUX
2 mutual funds have low correlation with IFPUX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.23, roughly unchanged from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.23 | 0.19 | 0.17 | 72 | Large Cap Blend Equities | IFPUX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.29 | 0.31 | 0.38 | 69 | Large Cap Blend Equities | IFPUX vs ORDNX | |
| Vanguard PRIMECAP Fund Admiral Shares | 0.38 | 0.57 | 0.71 | 94 | Large Cap Blend Equities | IFPUX vs VPMAX | |
| Archer Multi Cap Fund | 0.38 | 0.58 | 0.70 | 83 | Large Cap Blend Equities | IFPUX vs ALSMX | |
| Vanguard PRIMECAP Core Fund | 0.41 | 0.60 | 0.73 | 96 | Large Cap Blend Equities, Actively Managed | IFPUX vs VPCCX |
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