Looking to diversify beyond IUTIX? The mutual funds below have the lowest correlation with IUTIX — 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 IUTIX.
Best Diversifiers for IUTIX
8 mutual funds have low correlation with IUTIX (below 0.3), 0 of which are negatively correlated. The least correlated is Columbia Seligman Technology and Information Fund (SLMCX) (Technology Equities) with a 1Y correlation of 0.09, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Columbia Seligman Technology and Information Fund | 0.09 | 0.07 | 0.04 | 96 | Technology Equities | IUTIX vs SLMCX | |
| Columbia Global Technology Growth Fund Class A | 0.09 | 0.05 | 0.03 | 76 | Technology Equities, Large Cap Growth Equities | IUTIX vs CTCAX | |
| Columbia Global Technology Growth Fund | 0.10 | 0.05 | 0.03 | 77 | Technology Equities | IUTIX vs CMTFX | |
| Columbia Seligman Global Technology Fund | 0.10 | 0.08 | 0.04 | 96 | Technology Equities | IUTIX vs SHGTX | |
| Columbia Dividend Income Fund Class A | 0.24 | 0.17 | 0.07 | 77 | Large Cap Value Equities | IUTIX vs LBSAX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements IUTIX
Add IUTIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IUTIX