Looking to diversify beyond IRGJX? The mutual funds below have historically moved differently from IRGJX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for IRGJX
1 mutual funds have low correlation with IRGJX (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 0.06, down from 0.45 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.06 | 0.31 | 0.45 | 93 | Large Cap Value Equities | IRGJX vs LEXCX | |
| Voya International High Dividend Low Volatility Po... | 0.39 | 0.47 | 0.56 | 89 | Foreign Large Cap Equities, Low Volatility | IRGJX vs IFTIX | |
| VY JPMorgan Emerging Markets Equity Portfolio | 0.61 | 0.62 | 0.67 | 77 | Emerging Markets Equities | IRGJX vs IJPIX | |
| Voya Russell Large Cap Value Index Portfolio | 0.63 | 0.68 | 0.72 | 96 | Large Cap Value Equities | IRGJX vs IRVIX | |
| Voya International Index Portfolio | 0.65 | 0.65 | 0.69 | 63 | Foreign Large Cap Equities | IRGJX vs IIIIX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for IRGJX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Inventrust Properties Corp (IVT) (Real Estate) with a 1Y correlation of 0.03, down from 0.35 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Inventrust Properties Corp | 0.03 | 0.26 | 0.35 | 90 | Real Estate | |
| Xenia Hotels & Resorts, Inc. | 0.31 | 0.46 | 0.53 | 93 | Real Estate |
Build a portfolio that complements IRGJX
Add IRGJX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IRGJX