Looking to diversify beyond IISIX? The mutual funds below have the lowest correlation with IISIX — 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 IISIX.
Best Diversifiers for IISIX
7 mutual funds have low correlation with IISIX (below 0.3), 1 of which are negatively correlated. The least correlated is Artisan Global Unconstrained Fund (APFPX) (Nontraditional Bonds) with a 1Y correlation of -0.10, up from -0.25 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Artisan Global Unconstrained Fund | -0.10 | -0.25 | — | 99 | Nontraditional Bonds | IISIX vs APFPX | |
| Victory Pioneer Cat Bond Fund Class Y | 0.03 | — | — | 100 | Nontraditional Bonds | IISIX vs CBYYX | |
| Putnam Mortgage Opportunities Fund | 0.06 | 0.07 | 0.12 | 75 | Nontraditional Bonds | IISIX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 0.09 | 0.18 | 0.11 | 99 | Nontraditional Bonds | IISIX vs EIGMX | |
| Dunham Long/Short Credit Fund | 0.13 | -0.02 | 0.02 | 92 | Nontraditional Bonds | IISIX vs DCAIX |
See all 17 diversifiers for IISIX
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