Looking to diversify beyond IIIIX? The mutual funds below have historically moved differently from IIIIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
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 0.07, down from 0.47 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.07 | 0.32 | 0.47 | 93 | Large Cap Value Equities | IIIIX vs LEXCX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.52 | 0.67 | 0.77 | 61 | Foreign Large Cap Equities | IIIIX vs GSIMX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.53 | 0.67 | 0.77 | 61 | Foreign Large Cap Equities | IIIIX vs GSINX | |
| Federated Hermes International Strategic Value Div... | 0.55 | 0.69 | 0.76 | 88 | Foreign Large Cap Equities | IIIIX vs IVFIX | |
| Kopernik International Fund | 0.55 | 0.44 | 0.58 | 66 | Foreign Large Cap Equities | IIIIX vs KGIIX |
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