Looking to diversify beyond IGLGX? The mutual funds below have the lowest correlation with IGLGX — 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 IGLGX.
Best Diversifiers for IGLGX
2 mutual funds have low correlation with IGLGX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.18, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.18 | 0.30 | 0.47 | 75 | Global Equities | IGLGX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.27 | 0.39 | 0.55 | 68 | Global Equities | IGLGX vs FGIAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.42 | 0.52 | 0.61 | 85 | Global Equities | IGLGX vs RTXAX | |
| Wasatch Global Value Fund Investor Class Shares | 0.44 | 0.45 | 0.56 | 91 | Global Equities | IGLGX vs FMIEX | |
| Vanguard Global Minimum Volatility Fund Investor S... | 0.45 | 0.58 | 0.68 | 69 | Global Equities | IGLGX vs VMVFX |
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