Looking to diversify beyond IGMIX? The mutual funds below have the lowest correlation with IGMIX — 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 IGMIX.
Best Diversifiers for IGMIX
1 mutual funds have low correlation with IGMIX (below 0.3), 0 of which are negatively correlated. The least correlated is Voya Corporate Leaders Trust Fund (LEXCX) (Large Cap Value Equities) with a 1Y correlation of 0.11, down from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.11 | 0.29 | 0.42 | 53 | Large Cap Value Equities | IGMIX vs LEXCX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.46 | 0.54 | 0.62 | 81 | Global Equities | IGMIX vs RTXAX | |
| Polaris Global Value Fund | 0.47 | 0.58 | 0.65 | 90 | Global Equities | IGMIX vs PGVFX | |
| Wasatch Global Value Fund Investor Class Shares | 0.49 | 0.46 | 0.56 | 89 | Global Equities | IGMIX vs FMIEX | |
| SEI Institutional Investments Trust Global Managed... | 0.50 | 0.54 | 0.61 | 55 | Global Equities | IGMIX vs SGMAX |
See all 26 diversifiers for IGMIX
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Diversification Analysis
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