Looking to diversify beyond IOLZX? The mutual funds below have the lowest correlation with IOLZX — 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 IOLZX.
Best Diversifiers for IOLZX
0 mutual funds have low correlation with IOLZX (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 0.47, down from 0.62 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.47 | 0.53 | 0.62 | 72 | Large Cap Growth Equities | IOLZX vs BPTRX | |
| ICON FlexibleBondFund | 0.48 | 0.40 | 0.38 | 73 | Multisector Bonds | IOLZX vs IOBZX | |
| Alger Focus Equity A Fund | 0.53 | 0.53 | 0.67 | 53 | Large Cap Growth Equities | IOLZX vs ALAFX | |
| Alger Focus Equity Fund | 0.53 | 0.52 | 0.67 | 53 | Large Cap Growth Equities | IOLZX vs ALGRX | |
| Alger Focus Equity Fund Class Z | 0.53 | 0.53 | 0.67 | 54 | Large Cap Growth Equities | IOLZX vs ALZFX |
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