Looking to diversify beyond IPMIX? The mutual funds below have the lowest correlation with IPMIX — 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 IPMIX.
Best Diversifiers for IPMIX
1 mutual funds have low correlation with IPMIX (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 0.22, down from 0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.22 | 0.47 | 0.60 | 68 | Large Cap Value Equities | IPMIX vs LEXCX | |
| Voya International High Dividend Low Volatility Po... | 0.51 | 0.56 | 0.64 | 58 | Foreign Large Cap Equities | IPMIX vs IFTIX | |
| 13D Activist Fund | 0.62 | 0.72 | 0.82 | 80 | Mid Cap Blend Equities | IPMIX vs DDDIX | |
| Gabelli Value 25 Fund | 0.64 | 0.73 | 0.81 | 71 | Mid Cap Blend Equities | IPMIX vs GABVX | |
| Voya Russell Large Cap Index Portfolio | 0.66 | 0.72 | 0.80 | 60 | Large Cap Blend Equities | IPMIX vs IIRLX |
See all 28 diversifiers for IPMIX
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