Looking to diversify beyond MADCX? The mutual funds below have the lowest correlation with MADCX — 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 MADCX.
Best Diversifiers for MADCX
1 mutual funds have low correlation with MADCX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.23, up from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.23 | 0.09 | 0.04 | 95 | Long-Short | MADCX vs BDMIX | |
| DFA U.S. Small Cap Value Portfolio I | 0.44 | 0.50 | 0.55 | 61 | Small Cap Value Equities | MADCX vs DFSVX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.50 | 0.34 | 0.18 | 60 | Systematic Trend | MADCX vs ASFYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.50 | 0.64 | 0.70 | 87 | Emerging Markets Diversified | MADCX vs ESCIX | |
| BlackRock Equity Dividend Fund | 0.55 | 0.53 | 0.58 | 71 | Large Cap Value Equities | MADCX vs MADVX |
See all 40 diversifiers for MADCX
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