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 Voya Corporate Leaders Trust Fund (LEXCX) (Large Cap Value Equities) with a 1Y correlation of 0.30, 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 | 0.30 | 0.58 | 0.66 | 70 | Large Cap Value Equities | MADFX vs LEXCX | |
| AMG Yacktman Focused Fund | 0.37 | 0.60 | 0.70 | 86 | Large Cap Value Equities | MADFX vs YAFFX | |
| Federated Hermes Strategic Value Dividend Fund | 0.56 | 0.68 | 0.77 | 84 | Large Cap Value Equities | MADFX vs SVAIX | |
| Fidelity Dividend Growth Fund | 0.57 | 0.64 | 0.74 | 81 | Large Cap Blend Equities, Dividend | MADFX vs FDGFX | |
| Buffalo Flexible Income Fund | 0.57 | 0.71 | 0.78 | 61 | Large Cap Value Equities | MADFX vs BUFBX |
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