Looking to diversify beyond MYIMX? The mutual funds below have historically moved differently from MYIMX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MYIMX
1 mutual funds have low correlation with MYIMX (below 0.3), 1 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | -0.04 | — | — | 100 | Nontraditional Bonds | MYIMX vs CBYYX | |
| Victory Global Energy Transition Fund | 0.39 | 0.53 | 0.61 | 96 | Energy Equities | MYIMX vs RSNRX | |
| USAA High Income Fund | 0.49 | 0.50 | 0.53 | 78 | High Yield Bonds | MYIMX vs USHYX | |
| USAA Growth and Tax Strategy Fund | 0.63 | 0.68 | 0.75 | 78 | Diversified Portfolio | MYIMX vs USBLX | |
| Victory 500 Index Fund Member Shares | 0.63 | 0.73 | 0.80 | 59 | Large Cap Blend Equities | MYIMX vs USSPX |
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