Looking to diversify beyond IIRLX? The mutual funds below have historically moved differently from IIRLX, 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 IIRLX
2 mutual funds have low correlation with IIRLX (below 0.3), 1 of which are negatively correlated. The least correlated is Voya Corporate Leaders Trust Fund (LEXCX) (Large Cap Value Equities) with a 1Y correlation of -0.06, down from 0.45 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 | -0.06 | 0.25 | 0.45 | 94 | Large Cap Value Equities | IIRLX vs LEXCX | |
| VY CBRE Real Estate Portfolio | 0.18 | 0.38 | 0.54 | 77 | REIT | IIRLX vs IVRSX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.30 | 0.18 | 0.15 | 96 | Large Cap Blend Equities | IIRLX vs SVPFX | |
| VY American Century Small-Mid Cap Value Portfolio | 0.42 | 0.53 | 0.67 | 72 | Mid Cap Value Equities | IIRLX vs IACIX | |
| Rock Oak Core Growth Fund | 0.44 | 0.55 | 0.71 | 91 | Large Cap Blend Equities | IIRLX vs RCKSX |
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