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Voya Multi-Manager International Equity Fund (IIGIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 4, 2026

The investment seeks long-term growth of capital. Under normal market conditions, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities. It invests at least 65% of its assets in equity securities of companies organized under the laws of, or with principal offices located in, a number of different countries outside of the United States, including companies in countries in emerging markets. The fund does not seek to focus its investments in a particular industry or country. It may invest in companies of any market capitalization.

Looking to diversify beyond IIGIX? The mutual funds below have the lowest correlation with IIGIX — 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 IIGIX.

Best Diversifiers for IIGIX

1 mutual funds have low correlation with IIGIX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.23, up from 0.09 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
BDMIX
BlackRock Global Long/Short Equity Fund Class I0.230.120.09
92
Long-ShortIIGIX vs BDMIX
ASFYX
AlphaSimplex Managed Futures Strategy Fund Class Y0.460.300.12
67
Systematic TrendIIGIX vs ASFYX
THOIX
Thornburg Global Opportunities Fund0.610.710.79
94
Foreign Large Cap EquitiesIIGIX vs THOIX
EPDIX
EuroPac International Dividend Income Fund0.630.630.70
87
Foreign Large Cap EquitiesIIGIX vs EPDIX
EPDPX
EuroPac International Dividend Income Fund Class A0.630.630.70
87
Foreign Large Cap Equities, DividendIIGIX vs EPDPX
See all 20 diversifiers for IIGIX

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