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 Seix Floating Rate High Income Fund (SAMBX) (Bank Loan) with a 1Y correlation of 0.11, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Seix Floating Rate High Income Fund | 0.11 | 0.25 | 0.27 | 96 | Bank Loan | VIMCX vs SAMBX | |
| Virtus Newfleet Tax-Exempt Bond Fund | 0.13 | 0.13 | 0.11 | 72 | Municipal Bonds | VIMCX vs HXBIX | |
| Virtus Seix U.S. Government Securities Ultra-Short... | 0.19 | 0.10 | 0.11 | 97 | Ultrashort Bond | VIMCX vs SIGVX | |
| Virtus Newfleet Multi-Sector Short Term Bond Fund | 0.20 | 0.21 | 0.19 | 73 | Short-Term Bond | VIMCX vs NARAX | |
| Virtus Seix Investment Grade Tax-Exempt Bond Fund | 0.22 | 0.16 | 0.13 | 67 | Municipal Bonds | VIMCX vs SISIX |
See all 30 diversifiers for VIMCX
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