Looking to diversify beyond IPLIX? The mutual funds below have the lowest correlation with IPLIX — 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 IPLIX.
Best Diversifiers for IPLIX
2 mutual funds have low correlation with IPLIX (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 0.09, down from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.09 | 0.33 | 0.52 | 53 | Large Cap Value Equities | IPLIX vs LEXCX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.23 | 0.17 | 0.14 | 73 | Large Cap Blend Equities | IPLIX vs SVPFX | |
| Federated Hermes MDT All Cap Core Fund | 0.41 | 0.67 | 0.83 | 56 | Large Cap Blend Equities | IPLIX vs QIACX | |
| Federated Hermes MDT All Cap Core Fund Class R6 | 0.41 | 0.67 | 0.83 | 56 | Large Cap Blend Equities | IPLIX vs QKACX | |
| North Square Preferred and Income Securities Fund | 0.45 | 0.36 | 0.43 | 72 | Large Cap Blend Equities | IPLIX vs ORDNX |
See all 38 diversifiers for IPLIX
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