Looking to diversify beyond VIKSX? The mutual funds below have the lowest correlation with VIKSX — 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 VIKSX.
Best Diversifiers for VIKSX
2 mutual funds have low correlation with VIKSX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus Seix Floating Rate High Income Fund (SAMBX) (Bank Loan) with a 1Y correlation of 0.17, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Seix Floating Rate High Income Fund | 0.17 | 0.23 | 0.25 | 97 | Bank Loan | VIKSX vs SAMBX | |
| The Merger Fund | 0.30 | 0.27 | 0.35 | 97 | Event Driven | VIKSX vs MERFX | |
| Tanaka Growth Fund | 0.46 | 0.57 | 0.68 | 54 | Mid Cap Growth Equities | VIKSX vs TGFRX | |
| Essex Environmental Opportunities Fund | 0.51 | 0.64 | 0.72 | 79 | Mid Cap Growth Equities | VIKSX vs EEOFX | |
| Timothy Plan Aggressive Growth Fund | 0.56 | 0.70 | 0.79 | 90 | Mid Cap Growth Equities | VIKSX vs TAAGX |
See all 12 diversifiers for VIKSX
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