Looking to diversify beyond ISJIX? The mutual funds below have the lowest correlation with ISJIX — 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 ISJIX.
Best Diversifiers for ISJIX
1 mutual funds have low correlation with ISJIX (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 0.08, down from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.08 | 0.39 | 0.54 | 53 | Large Cap Value Equities | ISJIX vs LEXCX | |
| Voya Russell Large Cap Value Index Portfolio | 0.62 | 0.68 | 0.78 | 89 | Large Cap Value Equities | ISJIX vs IRVIX | |
| Dimensional Retirement Income Fund | 0.66 | 0.75 | 0.73 | 83 | Target Retirement Date | ISJIX vs TDIFX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.72 | 0.71 | 0.70 | 72 | Target Retirement Date | ISJIX vs FRIMX | |
| Fidelity Freedom Index Income Fund Institutional P... | 0.72 | 0.70 | 0.68 | 78 | Target Retirement Date | ISJIX vs FFGZX |
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