Looking to diversify beyond POLIX? The mutual funds below have the lowest correlation with POLIX — 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 POLIX.
Best Diversifiers for POLIX
0 mutual funds have low correlation with POLIX (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 0.51, down from 0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ICON Equity Fund | 0.51 | 0.50 | 0.63 | 85 | Large Cap Growth Equities | POLIX vs IOLZX | |
| Polen U.S. Small Company Growth Fund | 0.56 | 0.63 | 0.74 | 74 | Small Cap Growth Equities | POLIX vs PBSIX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.57 | 0.54 | 0.63 | 65 | Foreign Large Cap Equities | POLIX vs VTMGX | |
| Baron Partners Fund | 0.58 | 0.54 | 0.65 | 52 | Large Cap Growth Equities | POLIX vs BPTRX | |
| One Rock Fund | 0.58 | 0.61 | 0.72 | 89 | Large Cap Growth Equities | POLIX vs ONERX |
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