Looking to diversify beyond ITCAX? The mutual funds below have the lowest correlation with ITCAX — 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 ITCAX.
Best Diversifiers for ITCAX
11 mutual funds have low correlation with ITCAX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA NY Municipal Bond Portfolio (DNYMX) (Municipal Bonds) with a 1Y correlation of 0.17, down from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA NY Municipal Bond Portfolio | 0.17 | 0.29 | 0.39 | 99 | Municipal Bonds | ITCAX vs DNYMX | |
| Franklin Income Fund Advisor Class | 0.19 | 0.33 | 0.23 | 90 | Diversified Portfolio | ITCAX vs FRIAX | |
| Franklin Income Fund Class A1 | 0.20 | 0.32 | 0.25 | 85 | Diversified Portfolio | ITCAX vs FKINX | |
| Federated Hermes Conservative Municipal Microshort... | 0.20 | 0.20 | 0.16 | 99 | Municipal Bonds | ITCAX vs FHMIX | |
| DFA Short Term Municipal Bond Portfolio | 0.22 | 0.28 | 0.36 | 100 | Municipal Bonds | ITCAX vs DFSMX |
See all 22 diversifiers for ITCAX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ITCAX
Add ITCAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ITCAX