Looking to diversify beyond ITRAX? The mutual funds below have the lowest correlation with ITRAX — 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 ITRAX.
Best Diversifiers for ITRAX
7 mutual funds have low correlation with ITRAX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.15, down from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.15 | 0.24 | 0.52 | 67 | Diversified Portfolio | ITRAX vs MHELX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.18 | 0.43 | 0.51 | 82 | Diversified Portfolio | ITRAX vs FCSRX | |
| Fidelity Strategic Real Return Fund | 0.19 | 0.43 | 0.51 | 87 | Diversified Portfolio | ITRAX vs FSRRX | |
| Fidelity Strategic Real Return Fund Class K6 | 0.19 | 0.44 | 0.51 | 88 | Diversified Portfolio | ITRAX vs FSRKX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.20 | 0.42 | 0.51 | 86 | Diversified Portfolio | ITRAX vs FSIRX |
See all 26 diversifiers for ITRAX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ITRAX
Add ITRAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ITRAX