Looking to diversify beyond MACPX? The mutual funds below have historically moved differently from MACPX, 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 MACPX
2 mutual funds have low correlation with MACPX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.22, down from 0.10 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.22 | -0.04 | 0.10 | 83 | Diversified Portfolio | MACPX vs SIFAX | |
| MH Elite Small Cap Fund of Funds Fund | 0.02 | 0.12 | 0.46 | 66 | Diversified Portfolio | MACPX vs MHELX | |
| Concorde Wealth Management Fund | 0.36 | 0.55 | 0.67 | 83 | Diversified Portfolio | MACPX vs CONWX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.38 | 0.54 | 0.60 | 89 | Diversified Portfolio | MACPX vs FCSRX | |
| Fidelity Strategic Real Return Fund Class K6 | 0.40 | 0.55 | 0.61 | 91 | Diversified Portfolio | MACPX vs FSRKX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements MACPX
Add MACPX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MACPX