Looking to diversify beyond IUESX? The mutual funds below have the lowest correlation with IUESX — 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 IUESX.
Best Diversifiers for IUESX
1 mutual funds have low correlation with IUESX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.28, roughly unchanged from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund | 0.28 | 0.26 | 0.33 | 80 | Multisector Bonds | IUESX vs JMSIX | |
| Kopernik International Fund | 0.60 | 0.52 | 0.63 | 82 | Foreign Large Cap Equities | IUESX vs KGIIX | |
| PIMCO RAE PLUS International Fund | 0.61 | 0.61 | 0.63 | 83 | Foreign Large Cap Equities | IUESX vs PTSIX | |
| JPMorgan Equity Income Fund R6 | 0.62 | 0.60 | 0.67 | 60 | Large Cap Value Equities, Dividend | IUESX vs OIEJX | |
| SA International Value Fund | 0.64 | 0.66 | 0.72 | 90 | Foreign Large Cap Equities | IUESX vs SAHMX |
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