Looking to diversify beyond IIIIX? The mutual funds below have the lowest correlation with IIIIX — 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 IIIIX.
Best Diversifiers for IIIIX
1 mutual funds have low correlation with IIIIX (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 0.15, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.15 | 0.34 | 0.49 | 68 | Large Cap Value Equities | IIIIX vs LEXCX | |
| Thornburg Global Opportunities Fund | 0.57 | 0.65 | 0.74 | 86 | Foreign Large Cap Equities | IIIIX vs THOIX | |
| PIMCO RAE PLUS International Fund | 0.58 | 0.60 | 0.64 | 82 | Foreign Large Cap Equities | IIIIX vs PTSIX | |
| Federated Hermes International Strategic Value Div... | 0.58 | 0.70 | 0.77 | 61 | Foreign Large Cap Equities | IIIIX vs IVFIX | |
| American Beacon Tocqueville International Value Fu... | 0.62 | 0.65 | 0.77 | 83 | Foreign Large Cap Equities | IIIIX vs TIVFX |
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