Looking to diversify beyond VIMCX? The mutual funds below have the lowest correlation with VIMCX — 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 VIMCX.
Best Diversifiers for VIMCX
9 mutual funds have low correlation with VIMCX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus Duff & Phelps Select MLP and Energy Fund (VLPIX) (Energy Equities) with a 1Y correlation of 0.08, down from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Duff & Phelps Select MLP and Energy Fund | 0.08 | 0.33 | 0.42 | 70 | Energy Equities | VIMCX vs VLPIX | |
| Virtus Seix Floating Rate High Income Fund | 0.10 | 0.25 | 0.27 | 97 | Bank Loan | VIMCX vs SAMBX | |
| Virtus Newfleet Tax-Exempt Bond Fund | 0.16 | 0.14 | 0.11 | 71 | Municipal Bonds | VIMCX vs HXBIX | |
| Virtus Stone Harbor Emerging Markets Income Fund | 0.19 | 0.25 | 0.31 | 54 | Emerging Markets Bonds | VIMCX vs EDF | |
| Virtus Seix U.S. Government Securities Ultra-Short... | 0.23 | 0.11 | 0.11 | 98 | Ultrashort Bond | VIMCX vs SIGVX |
See all 35 diversifiers for VIMCX
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