PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Invesco Income Advantage U.S. Fund (SCAUX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 17, 2026

The investment seeks income and long-term growth of capital. The fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of U.S. issuers, and in derivatives and other instruments that have economic characteristics similar to such securities. It invests primarily in U.S. equity securities, including common and preferred stock, and ELNs. It may also invest in real estate investment trusts (REITs), which are trusts that sell equity and/or debt securities to investors and use the proceeds to invest in real estate or interests therein.

Looking to diversify beyond SCAUX? The mutual funds below have the lowest correlation with SCAUX — 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 SCAUX.

Best Diversifiers for SCAUX

0 mutual funds have low correlation with SCAUX (below 0.3), 0 of which are negatively correlated. The least correlated is The Covered Bridge Fund (TCBIX) (Derivative Income) with a 1Y correlation of 0.49, down from 0.72 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
TCBIX
The Covered Bridge Fund0.490.590.72
70
Derivative IncomeSCAUX vs TCBIX
ACSTX
Invesco Comstock Fund0.640.760.82
76
Large Cap Value EquitiesSCAUX vs ACSTX
CII
BlackRock Enhanced Large Cap Core Fund0.640.700.77
86
Derivative IncomeSCAUX vs CII
GIDHX
Goldman Sachs International Equity Dividend and Pr...0.700.680.72
56
Derivative IncomeSCAUX vs GIDHX
VADAX
Invesco Equally-Weighted S&P 500 Fund Class A0.700.810.88
53
Large Cap Blend EquitiesSCAUX vs VADAX
See all 15 diversifiers for SCAUX

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements SCAUX

Add SCAUX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with SCAUX