Looking to diversify beyond ISD? The mutual funds below have the lowest correlation with ISD — 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 ISD.
Best Diversifiers for ISD
4 mutual funds have low correlation with ISD (below 0.3), 1 of which are negatively correlated. The least correlated is Pioneer ILS Interval Fund (XILSX) (High Yield Bonds) with a 1Y correlation of -0.01, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.01 | 0.02 | 0.02 | 100 | High Yield Bonds | ISD vs XILSX | |
| Cliffwater Corporate Lending Fund | 0.00 | 0.05 | 0.09 | 100 | High Yield Bonds | ISD vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.14 | 0.11 | 0.18 | 99 | High Yield Bonds | ISD vs RPHIX | |
| Pioneer Corporate High Yield Fund | 0.24 | 0.29 | 0.41 | 52 | High Yield Bonds | ISD vs RCRYX | |
| PGIM Floating Rate Income Fund | 0.30 | 0.26 | 0.32 | 96 | Bank Loan | ISD vs FRFZX |
See all 31 diversifiers for ISD
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ISD
Add ISD to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ISD