Looking to diversify beyond MYIFX? The mutual funds below have the lowest correlation with MYIFX — 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 MYIFX.
Best Diversifiers for MYIFX
0 mutual funds have low correlation with MYIFX (below 0.3), 0 of which are negatively correlated. The least correlated is ICON Equity Fund (IOLZX) (Large Cap Growth Equities) with a 1Y correlation of 0.67, roughly unchanged from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ICON Equity Fund | 0.67 | 0.64 | 0.74 | 84 | Large Cap Growth Equities | MYIFX vs IOLZX | |
| One Rock Fund | 0.75 | 0.78 | 0.80 | 87 | Large Cap Growth Equities | MYIFX vs ONERX | |
| PrimeCap Odyssey Growth Fund | 0.80 | 0.81 | 0.86 | 93 | Large Cap Growth Equities | MYIFX vs POGRX | |
| Rydex S&P 500 Pure Growth Fund | 0.80 | 0.79 | 0.83 | 62 | Large Cap Growth Equities | MYIFX vs RYGRX | |
| Chase Growth Fund | 0.82 | 0.86 | 0.88 | 88 | Large Cap Growth Equities | MYIFX vs CHASX |
See all 16 diversifiers for MYIFX
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