Looking to diversify beyond IIRLX? The mutual funds below have the lowest correlation with IIRLX — 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 IIRLX.
Best Diversifiers for IIRLX
1 mutual funds have low correlation with IIRLX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.27, up from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.27 | 0.17 | 0.14 | 70 | Large Cap Blend Equities | IIRLX vs SVPFX | |
| Rock Oak Core Growth Fund | 0.46 | 0.56 | 0.71 | 63 | Large Cap Blend Equities | IIRLX vs RCKSX | |
| North Square Preferred and Income Securities Fund | 0.49 | 0.36 | 0.42 | 68 | Large Cap Blend Equities | IIRLX vs ORDNX | |
| Glenmede Responsible ESG U.S. Equity Portfolio | 0.55 | 0.67 | 0.79 | 89 | Large Cap Blend Equities | IIRLX vs RESGX | |
| VY Columbia Small Cap Value II Portfolio | 0.56 | 0.63 | 0.72 | 86 | Small Cap Value Equities | IIRLX vs ICISX |
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