Looking to diversify beyond IGAAX? The mutual funds below have the lowest correlation with IGAAX — 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 IGAAX.
Best Diversifiers for IGAAX
0 mutual funds have low correlation with IGAAX (below 0.3), 0 of which are negatively correlated. The least correlated is Kopernik International Fund (KGIIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.68, roughly unchanged from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Kopernik International Fund | 0.68 | 0.58 | 0.67 | 54 | Foreign Large Cap Equities | IGAAX vs KGIIX | |
| PIMCO RAE PLUS International Fund | 0.70 | 0.68 | 0.69 | 75 | Foreign Large Cap Equities | IGAAX vs PTSIX | |
| SA International Value Fund | 0.72 | 0.71 | 0.77 | 88 | Foreign Large Cap Equities | IGAAX vs SAHMX | |
| BlackRock Equity Dividend Fund | 0.72 | 0.67 | 0.74 | 71 | Large Cap Value Equities | IGAAX vs MADVX | |
| EuroPac International Dividend Income Fund Class A | 0.72 | 0.73 | 0.77 | 74 | Foreign Large Cap Equities, Dividend | IGAAX vs EPDPX |
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