Looking to diversify beyond IPFPX? The mutual funds below have the lowest correlation with IPFPX — 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 IPFPX.
Best Diversifiers for IPFPX
0 mutual funds have low correlation with IPFPX (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 0.41, 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 | 0.41 | 0.62 | 0.71 | 53 | Large Cap Value Equities | IPFPX vs LEXCX | |
| Rational Equity Armor Fund | 0.44 | 0.46 | 0.62 | 57 | Large Cap Value Equities | IPFPX vs HDCTX | |
| Federated Hermes Strategic Value Dividend Fund | 0.54 | 0.66 | 0.75 | 70 | Large Cap Value Equities | IPFPX vs SVAIX | |
| Fidelity Large Cap Stock Fund | 0.58 | 0.65 | 0.79 | 76 | Large Cap Value Equities | IPFPX vs FLCSX | |
| Vanguard International High Dividend Yield Index F... | 0.59 | 0.61 | 0.71 | 73 | Large Cap Value Equities, Dividend, Foreign Large Cap Equities | IPFPX vs VIHAX |
See all 30 diversifiers for IPFPX
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