Looking to diversify beyond MABAX? The mutual funds below have the lowest correlation with MABAX — 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 MABAX.
Best Diversifiers for MABAX
2 mutual funds have low correlation with MABAX (below 0.3), 0 of which are negatively correlated. The least correlated is Voya Corporate Leaders Trust Fund (LEXCX) (Large Cap Value Equities) with a 1Y correlation of 0.22, down from 0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.22 | 0.53 | 0.66 | 68 | Large Cap Value Equities | MABAX vs LEXCX | |
| BlackRock Global Equity Market Neutral Fund Class ... | 0.28 | 0.11 | 0.06 | 96 | Equity Market Neutral | MABAX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.38 | 0.25 | 0.13 | 51 | Systematic Trend | MABAX vs ASFYX | |
| Federated Hermes Strategic Value Dividend Fund | 0.39 | 0.60 | 0.71 | 86 | Large Cap Value Equities | MABAX vs SVAIX | |
| Buffalo Flexible Income Fund | 0.45 | 0.65 | 0.76 | 61 | Large Cap Value Equities | MABAX vs BUFBX |
See all 51 diversifiers for MABAX
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