Looking to diversify beyond IHD? The mutual funds below have the lowest correlation with IHD — 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 IHD.
Best Diversifiers for IHD
1 mutual funds have low correlation with IHD (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus Stone Harbor Emerging Markets Income Fund (EDF) (Emerging Markets Bonds) with a 1Y correlation of 0.23, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets Income Fund | 0.23 | 0.18 | 0.25 | 63 | Emerging Markets Bonds | IHD vs EDF | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.32 | 0.47 | 0.54 | 87 | Emerging Markets Diversified | IHD vs ESCIX | |
| Voya Mid Cap Research Enhanced Index Fund | 0.32 | 0.38 | 0.44 | 52 | Mid Cap Blend Equities | IHD vs VYMSX | |
| Voya Russell Large Cap Value Index Portfolio | 0.35 | 0.36 | 0.42 | 92 | Large Cap Value Equities | IHD vs IRVIX | |
| Voya Corporate Leaders 100 Fund Class A | 0.39 | 0.43 | 0.47 | 68 | Large Cap Growth Equities | IHD vs VYCAX |
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