Looking to diversify beyond IRSMX? The mutual funds below have the lowest correlation with IRSMX — 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 IRSMX.
Best Diversifiers for IRSMX
1 mutual funds have low correlation with IRSMX (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 0.07, 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 | 0.07 | 0.37 | 0.52 | 53 | Large Cap Value Equities | IRSMX vs LEXCX | |
| Voya Russell Large Cap Value Index Portfolio | 0.60 | 0.66 | 0.76 | 89 | Large Cap Value Equities | IRSMX vs IRVIX | |
| Dimensional Retirement Income Fund | 0.70 | 0.82 | 0.79 | 83 | Target Retirement Date | IRSMX vs TDIFX | |
| Voya Russell Large Cap Index Portfolio | 0.72 | 0.78 | 0.85 | 75 | Large Cap Blend Equities | IRSMX vs IIRLX | |
| Voya U.S. Stock Index Portfolio | 0.73 | 0.80 | 0.86 | 55 | Large Cap Blend Equities | IRSMX vs INGIX |
See all 68 diversifiers for IRSMX
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