Looking to diversify beyond OIDYX? The mutual funds below have the lowest correlation with OIDYX — 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 OIDYX.
Best Diversifiers for OIDYX
0 mutual funds have low correlation with OIDYX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes International Strategic Value Dividend Fund (IVFIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.45, down from 0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes International Strategic Value Div... | 0.45 | 0.53 | 0.63 | 61 | Foreign Large Cap Equities | OIDYX vs IVFIX | |
| PIMCO RAE PLUS International Fund | 0.59 | 0.58 | 0.62 | 82 | Foreign Large Cap Equities | OIDYX vs PTSIX | |
| Invesco Comstock Fund | 0.62 | 0.65 | 0.69 | 68 | Large Cap Value Equities | OIDYX vs ACSTX | |
| SA International Value Fund | 0.64 | 0.62 | 0.69 | 89 | Foreign Large Cap Equities | OIDYX vs SAHMX | |
| EuroPac International Dividend Income Fund | 0.68 | 0.65 | 0.68 | 76 | Foreign Large Cap Equities | OIDYX vs EPDIX |
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