Looking to diversify beyond IRVIX? The mutual funds below have the lowest correlation with IRVIX — 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 IRVIX.
Best Diversifiers for IRVIX
0 mutual funds have low correlation with IRVIX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Strategic Value Dividend Fund (SVAIX) (Large Cap Value Equities) with a 1Y correlation of 0.49, down from 0.79 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund | 0.49 | 0.71 | 0.79 | 78 | Large Cap Value Equities | IRVIX vs SVAIX | |
| VY JPMorgan Emerging Markets Equity Portfolio | 0.54 | 0.52 | 0.55 | 93 | Emerging Markets Diversified | IRVIX vs IJPIX | |
| Voya Retirement Conservative Portfolio | 0.55 | 0.53 | 0.57 | 76 | Diversified Portfolio | IRVIX vs IRCPX | |
| Hennessy Cornerstone Value Fund | 0.56 | 0.73 | 0.82 | 81 | Large Cap Value Equities | IRVIX vs HFCVX | |
| Voya Solution Conservative Portfolio | 0.56 | 0.53 | 0.60 | 62 | Diversified Portfolio | IRVIX vs ICGIX |
See all 80 diversifiers for IRVIX
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