Looking to diversify beyond IGBIX? The mutual funds below have the lowest correlation with IGBIX — 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 IGBIX.
Best Diversifiers for IGBIX
0 mutual funds have low correlation with IGBIX (below 0.3), 0 of which are negatively correlated. The least correlated is Voya Mid Cap Research Enhanced Index Fund (VYMSX) (Mid Cap Blend Equities) with a 1Y correlation of 0.38, up from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Mid Cap Research Enhanced Index Fund | 0.38 | 0.28 | 0.27 | 52 | Mid Cap Blend Equities | IGBIX vs VYMSX | |
| Voya Russell Large Cap Index Portfolio | 0.39 | 0.25 | 0.27 | 64 | Large Cap Blend Equities | IGBIX vs IIRLX | |
| Voya Russell Large Cap Value Index Portfolio | 0.41 | 0.27 | 0.28 | 92 | Large Cap Value Equities | IGBIX vs IRVIX | |
| Destinations Global Fixed Income Opportunities Fun... | 0.45 | 0.49 | 0.47 | 98 | Global Bonds | IGBIX vs DGFFX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 0.47 | 0.68 | 0.70 | 91 | Global Bonds | IGBIX vs PRSNX |
See all 10 diversifiers for IGBIX
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