Looking to diversify beyond IMANX? The mutual funds below have the lowest correlation with IMANX — 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 IMANX.
Best Diversifiers for IMANX
0 mutual funds have low correlation with IMANX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.52, down from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.52 | 0.63 | 0.71 | 72 | Large Cap Growth Equities | IMANX vs BPTRX | |
| Davis New York Venture Fund Class Y | 0.68 | 0.77 | 0.80 | 80 | Large Cap Growth Equities | IMANX vs DNVYX | |
| Adams Diversified Equity Fund, Inc. | 0.73 | 0.80 | 0.87 | 67 | Large Cap Blend Equities | IMANX vs ADX | |
| ICON Equity Fund | 0.73 | 0.71 | 0.78 | 84 | Large Cap Growth Equities | IMANX vs IOLZX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.78 | 0.75 | 0.77 | 61 | Foreign Large Cap Equities | IMANX vs VTMGX |
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