Looking to diversify beyond ISHYX? The mutual funds below have the lowest correlation with ISHYX — 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 ISHYX.
Best Diversifiers for ISHYX
5 mutual funds have low correlation with ISHYX (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Small Cap Value Fund (VSCAX) (Small Cap Value Equities) with a 1Y correlation of 0.09, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Small Cap Value Fund | 0.09 | 0.08 | 0.05 | 87 | Small Cap Value Equities | ISHYX vs VSCAX | |
| Invesco Value Opportunities Fund | 0.11 | 0.09 | 0.05 | 81 | Mid Cap Value Equities | ISHYX vs VVOAX | |
| Invesco Nasdaq 100 Index Fund | 0.12 | 0.07 | 0.08 | 70 | Large Cap Growth Equities | ISHYX vs IVNQX | |
| Invesco Comstock Fund | 0.12 | 0.10 | 0.05 | 60 | Large Cap Value Equities | ISHYX vs ACSTX | |
| Invesco Equity and Income Fund | 0.16 | 0.16 | 0.11 | 61 | Diversified Portfolio | ISHYX vs ACEIX |
See all 49 diversifiers for ISHYX
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