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
0 mutual funds have low correlation with IIIIX (below 0.3), 0 of which are negatively correlated. The least correlated is Kopernik International Fund (KGIIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.55, roughly unchanged from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Kopernik International Fund | 0.55 | 0.45 | 0.59 | 54 | Foreign Large Cap Equities | IIIIX vs KGIIX | |
| Thornburg Global Opportunities Fund | 0.56 | 0.66 | 0.75 | 91 | Foreign Large Cap Equities | IIIIX vs THOIX | |
| PIMCO RAE PLUS International Fund | 0.56 | 0.60 | 0.64 | 75 | Foreign Large Cap Equities | IIIIX vs PTSIX | |
| State Street S&P 500 Index Fund Class N | 0.62 | 0.67 | 0.73 | 83 | Large Cap Blend Equities | IIIIX vs SVSPX | |
| American Beacon Tocqueville International Value Fu... | 0.62 | 0.65 | 0.77 | 93 | Foreign Large Cap Equities | IIIIX vs TIVFX |
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