Looking to diversify beyond IIMOX? The mutual funds below have the lowest correlation with IIMOX — 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 IIMOX.
Best Diversifiers for IIMOX
0 mutual funds have low correlation with IIMOX (below 0.3), 0 of which are negatively correlated. The least correlated is Tanaka Growth Fund (TGFRX) (Mid Cap Growth Equities) with a 1Y correlation of 0.63, down from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Tanaka Growth Fund | 0.63 | 0.67 | 0.74 | 53 | Mid Cap Growth Equities | IIMOX vs TGFRX | |
| Essex Environmental Opportunities Fund | 0.64 | 0.69 | 0.77 | 66 | Mid Cap Growth Equities | IIMOX vs EEOFX | |
| Voya Russell Large Cap Value Index Portfolio | 0.69 | 0.64 | 0.69 | 93 | Large Cap Value Equities | IIMOX vs IRVIX | |
| Needham Growth Fund | 0.72 | 0.73 | 0.79 | 93 | Mid Cap Growth Equities | IIMOX vs NEEGX | |
| Needham Growth Fund Institutional Class | 0.72 | 0.72 | 0.79 | 93 | Mid Cap Growth Equities | IIMOX vs NEEIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements IIMOX
Add IIMOX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IIMOX