Looking to diversify beyond IUAIX? The mutual funds below have the lowest correlation with IUAIX — 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 IUAIX.
Best Diversifiers for IUAIX
1 mutual funds have low correlation with IUAIX (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 0.16, down from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.16 | 0.25 | 0.56 | 75 | Diversified Portfolio | IUAIX vs MHELX | |
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.34 | 0.38 | 0.42 | 99 | Diversified Portfolio | IUAIX vs STDAX | |
| Chartwell Income Fund | 0.38 | 0.48 | 0.57 | 53 | Diversified Portfolio | IUAIX vs BERIX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.38 | 0.56 | 0.64 | 82 | Diversified Portfolio | IUAIX vs FCSRX | |
| Fidelity Strategic Real Return Fund Class K6 | 0.38 | 0.56 | 0.65 | 88 | Diversified Portfolio | IUAIX vs FSRKX |
See all 26 diversifiers for IUAIX
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