Looking to diversify beyond ODIIX? The mutual funds below have the lowest correlation with ODIIX — 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 ODIIX.
Best Diversifiers for ODIIX
0 mutual funds have low correlation with ODIIX (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Comstock Fund (ACSTX) (Large Cap Value Equities) with a 1Y correlation of 0.52, down from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Comstock Fund | 0.52 | 0.65 | 0.69 | 57 | Large Cap Value Equities | ODIIX vs ACSTX | |
| Invesco Equity and Income Fund | 0.62 | 0.74 | 0.77 | 64 | Diversified Portfolio | ODIIX vs ACEIX | |
| Fidelity Small Cap Value Fund | 0.66 | 0.76 | 0.80 | 50 | Small Cap Value Equities | ODIIX vs FCPVX | |
| Invesco Nasdaq 100 Index Fund | 0.66 | 0.72 | 0.78 | 76 | Large Cap Growth Equities | ODIIX vs IVNQX | |
| Fidelity 500 Index Fund | 0.68 | 0.77 | 0.82 | 75 | S&P 500 | ODIIX vs FXAIX |
See all 22 diversifiers for ODIIX
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