Looking to diversify beyond INDZX? The mutual funds below have the lowest correlation with INDZX — 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 INDZX.
Best Diversifiers for INDZX
1 mutual funds have low correlation with INDZX (below 0.3), 0 of which are negatively correlated. The least correlated is Voya Corporate Leaders Trust Fund (LEXCX) (Large Cap Value Equities) with a 1Y correlation of 0.25, down from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.25 | 0.58 | 0.71 | 70 | Large Cap Value Equities | INDZX vs LEXCX | |
| Federated Hermes Strategic Value Dividend Fund | 0.43 | 0.59 | 0.72 | 84 | Large Cap Value Equities | INDZX vs SVAIX | |
| Buffalo Flexible Income Fund | 0.48 | 0.72 | 0.82 | 60 | Large Cap Value Equities | INDZX vs BUFBX | |
| AMG Yacktman Focused Fund | 0.49 | 0.66 | 0.78 | 86 | Large Cap Value Equities | INDZX vs YAFFX | |
| Columbia Global Technology Growth Fund | 0.57 | 0.54 | 0.63 | 63 | Technology Equities | INDZX vs CMTFX |
See all 43 diversifiers for INDZX
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