Looking to diversify beyond ISCGX? The mutual funds below have the lowest correlation with ISCGX — 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 ISCGX.
Best Diversifiers for ISCGX
1 mutual funds have low correlation with ISCGX (below 0.3), 0 of which are negatively correlated. The least correlated is Transamerica High Yield Muni (THYIX) (High Yield Muni) with a 1Y correlation of 0.16, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Transamerica High Yield Muni | 0.16 | 0.12 | 0.12 | 62 | High Yield Muni | ISCGX vs THYIX | |
| Transamerica Emerging Markets Debt Fund | 0.45 | 0.40 | 0.39 | 87 | Emerging Markets Bonds | ISCGX vs EMTIX | |
| Transamerica Asset Allocation Moderate Portfolio F... | 0.76 | 0.77 | 0.81 | 55 | Diversified Portfolio | ISCGX vs IMOAX | |
| Oberweis Micro Cap Fund | 0.77 | 0.83 | 0.86 | 90 | Small Cap Growth Equities | ISCGX vs OBMCX | |
| Transamerica Asset Allocation Moderate Growth Port... | 0.78 | 0.80 | 0.84 | 54 | Diversified Portfolio | ISCGX vs IMLAX |
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