Looking to diversify beyond IRGJX? The mutual funds below have the lowest correlation with IRGJX — 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 IRGJX.
Best Diversifiers for IRGJX
0 mutual funds have low correlation with IRGJX (below 0.3), 0 of which are negatively correlated. The least correlated is VY JPMorgan Emerging Markets Equity Portfolio (IJPIX) (Emerging Markets Diversified) with a 1Y correlation of 0.61, roughly unchanged from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VY JPMorgan Emerging Markets Equity Portfolio | 0.61 | 0.63 | 0.67 | 93 | Emerging Markets Diversified | IRGJX vs IJPIX | |
| Tanaka Growth Fund | 0.62 | 0.65 | 0.74 | 52 | Mid Cap Growth Equities | IRGJX vs TGFRX | |
| Essex Environmental Opportunities Fund | 0.62 | 0.70 | 0.79 | 63 | Mid Cap Growth Equities | IRGJX vs EEOFX | |
| Baron Focused Growth Fund | 0.64 | 0.72 | 0.79 | 53 | Mid Cap Growth Equities | IRGJX vs BFGFX | |
| Baron Focused Growth Fund Institutional Shares | 0.64 | 0.72 | 0.79 | 54 | Mid Cap Growth Equities | IRGJX vs BFGIX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IRGJX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IRGJX and solid risk/return profiles. The least correlated is Inventrust Properties Corp (IVT) (Real Estate) with a 1Y correlation of 0.08, down from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Inventrust Properties Corp | 0.08 | 0.27 | 0.35 | 84 | Real Estate |
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