Looking to diversify beyond YOVIX? The mutual funds below have historically moved differently from YOVIX, 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 YOVIX
0 mutual funds have low correlation with YOVIX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes MDT Small Cap Growth Fund (QISGX) (Small Cap Growth Equities) with a 1Y correlation of 0.45, down from 0.76 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes MDT Small Cap Growth Fund | 0.45 | 0.62 | 0.76 | 63 | Small Cap Growth Equities | YOVIX vs QISGX | |
| Oberweis Micro Cap Fund | 0.83 | 0.87 | 0.90 | 73 | Small Cap Growth Equities | YOVIX vs OBMCX | |
| Dana Epiphany ESG Small Cap Equity Fund | 0.83 | 0.88 | 0.91 | 91 | Small Cap Growth Equities | YOVIX vs DSCIX | |
| Driehaus Micro Cap Growth Fund | 0.84 | 0.85 | 0.87 | 77 | Small Cap Growth Equities | YOVIX vs DMCRX | |
| Needham Small Cap Growth Fund Institutional | 0.85 | 0.85 | 0.85 | 83 | Small Cap Growth Equities | YOVIX vs NESIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements YOVIX
Add YOVIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with YOVIX