Looking to diversify beyond ISOLX? The mutual funds below have the lowest correlation with ISOLX — 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 ISOLX.
Best Diversifiers for ISOLX
1 mutual funds have low correlation with ISOLX (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 0.04, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.04 | 0.31 | 0.43 | 52 | Large Cap Value Equities | ISOLX vs LEXCX | |
| Voya High Yield Portfolio | 0.54 | 0.60 | 0.61 | 58 | High Yield Bonds | ISOLX vs IPHYX | |
| Voya Russell Large Cap Value Index Portfolio | 0.57 | 0.59 | 0.65 | 90 | Large Cap Value Equities | ISOLX vs IRVIX | |
| Voya Russell Large Cap Growth Index Portfolio | 0.61 | 0.62 | 0.69 | 56 | Large Cap Growth Equities | ISOLX vs IRLNX | |
| Voya Russell Large Cap Index Portfolio | 0.69 | 0.69 | 0.74 | 83 | Large Cap Blend Equities | ISOLX vs IIRLX |
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