Looking to diversify beyond USIBX? The mutual funds below have historically moved differently from USIBX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for USIBX
2 mutual funds have low correlation with USIBX (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 0.02 | — | — | 100 | Nontraditional Bonds | USIBX vs CBYYX | |
| Victory Global Energy Transition Fund | 0.05 | 0.09 | 0.08 | 96 | Energy Equities | USIBX vs RSNRX | |
| Fidelity 500 Index Fund | 0.31 | 0.20 | 0.16 | 64 | S&P 500 | USIBX vs FXAIX | |
| Victory 500 Index Fund Member Shares | 0.32 | 0.20 | 0.17 | 59 | Large Cap Blend Equities | USIBX vs USSPX | |
| USAA Growth and Tax Strategy Fund | 0.40 | 0.31 | 0.28 | 78 | Diversified Portfolio | USIBX vs USBLX |
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