Looking to diversify beyond OPIGX? The mutual funds below have the lowest correlation with OPIGX — 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 OPIGX.
Best Diversifiers for OPIGX
4 mutual funds have low correlation with OPIGX (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Small Cap Value Fund (VSCAX) (Small Cap Value Equities) with a 1Y correlation of 0.17, up from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Small Cap Value Fund | 0.17 | 0.15 | 0.07 | 85 | Small Cap Value Equities | OPIGX vs VSCAX | |
| Invesco Value Opportunities Fund | 0.19 | 0.16 | 0.07 | 80 | Mid Cap Value Equities | OPIGX vs VVOAX | |
| Invesco Nasdaq 100 Index Fund | 0.20 | 0.15 | 0.14 | 76 | Large Cap Growth Equities | OPIGX vs IVNQX | |
| Invesco Comstock Fund | 0.22 | 0.16 | 0.07 | 57 | Large Cap Value Equities | OPIGX vs ACSTX | |
| Invesco Equity and Income Fund | 0.31 | 0.27 | 0.19 | 64 | Diversified Portfolio | OPIGX vs ACEIX |
See all 7 diversifiers for OPIGX
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