Looking to diversify beyond MADFX? The mutual funds below have the lowest correlation with MADFX — 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 MADFX.
Best Diversifiers for MADFX
0 mutual funds have low correlation with MADFX (below 0.3), 0 of which are negatively correlated. The least correlated is Rational Equity Armor Fund (HDCTX) (Large Cap Value Equities) with a 1Y correlation of 0.47, down from 0.64 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Rational Equity Armor Fund | 0.47 | 0.54 | 0.64 | 55 | Large Cap Value Equities | MADFX vs HDCTX | |
| Federated Hermes Strategic Value Dividend Fund | 0.56 | 0.69 | 0.77 | 78 | Large Cap Value Equities | MADFX vs SVAIX | |
| Fidelity Dividend Growth Fund | 0.61 | 0.66 | 0.75 | 87 | Large Cap Blend Equities, Dividend | MADFX vs FDGFX | |
| Vanguard International High Dividend Yield Index F... | 0.66 | 0.65 | 0.69 | 80 | Large Cap Value Equities, Dividend, Foreign Large Cap Equities | MADFX vs VIHAX | |
| Fidelity Advisor Capital Development Fund Class O | 0.66 | 0.71 | 0.79 | 77 | Large Cap Value Equities | MADFX vs FDETX |
See all 31 diversifiers for MADFX
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