PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Catalyst/MAP Global Equity Fund (CAXAX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The investment seeks long-term capital appreciation. The fund primarily invests in equity securities of U.S. and foreign issuers. The allocation of its investments to U.S. and foreign issuers and among various levels of market capitalizations may vary substantially depending on various factors, including market conditions, but under normal conditions, at least 40% of the fund’s assets is invested in securities of issuers domiciled in at least 3 countries outside of the United States, and at least 80% of its net assets plus any borrowings for investment purposes are invested in equity securities. It may invest in companies of any market capitalization.

Looking to diversify beyond CAXAX? The mutual funds below have the lowest correlation with CAXAX — 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 CAXAX.

Best Diversifiers for CAXAX

1 mutual funds have low correlation with CAXAX (below 0.3), 0 of which are negatively correlated. The least correlated is Catalyst/CIFC Floating Rate Income Fund (CFRIX) (Bank Loan) with a 1Y correlation of 0.27, roughly unchanged from 0.29 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
CFRIX
Catalyst/CIFC Floating Rate Income Fund0.270.260.29
60
Bank LoanCAXAX vs CFRIX
MBXIX
Catalyst/Millburn Hedge Strategy Fund Class I0.420.280.36
92
Hedge FundCAXAX vs MBXIX
MBXAX
Catalyst/Millburn Hedge Strategy Fund0.420.280.36
91
Macro TradingCAXAX vs MBXAX
HIIFX
Catalyst/SMH High Income Fund0.480.480.47
83
High Yield BondsCAXAX vs HIIFX
PGTIX
T. Rowe Price Global Technology Fund I Class0.490.550.59
87
Technology Equities, Global EquitiesCAXAX vs PGTIX
See all 30 diversifiers for CAXAX

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements CAXAX

Add CAXAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with CAXAX