Looking to diversify beyond ILBAX? The mutual funds below have the lowest correlation with ILBAX — 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 ILBAX.
Best Diversifiers for ILBAX
4 mutual funds have low correlation with ILBAX (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 -0.08, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | -0.08 | 0.08 | 0.03 | 53 | Large Cap Value Equities | ILBAX vs LEXCX | |
| Voya Russell Large Cap Index Portfolio | 0.26 | 0.21 | 0.14 | 75 | Large Cap Blend Equities | ILBAX vs IIRLX | |
| Voya Russell Large Cap Value Index Portfolio | 0.28 | 0.22 | 0.13 | 89 | Large Cap Value Equities | ILBAX vs IRVIX | |
| Voya U.S. Stock Index Portfolio | 0.28 | 0.22 | 0.14 | 55 | Large Cap Blend Equities | ILBAX vs INGIX | |
| PACE Mortgage-Backed Securities Fixed Income Inves... | 0.80 | 0.87 | 0.88 | 55 | Intermediate Core Bond | ILBAX vs PCGTX |
See all 6 diversifiers for ILBAX
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