Looking to diversify beyond MAEFX? The mutual funds below have the lowest correlation with MAEFX — 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 MAEFX.
Best Diversifiers for MAEFX
0 mutual funds have low correlation with MAEFX (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 0.33, up from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.33 | 0.17 | 0.13 | 95 | Long-Short | MAEFX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.43 | 0.33 | 0.12 | 60 | Systematic Trend | MAEFX vs ASFYX | |
| DoubleLine Shiller Enhanced International CAPE | 0.52 | 0.61 | 0.69 | 58 | Europe Equities | MAEFX vs DSEUX | |
| BlackRock Technology Opportunities Fund Investor A | 0.71 | 0.66 | 0.72 | 66 | Technology Equities | MAEFX vs BGSAX | |
| ProFunds Europe 30 Fund | 0.77 | 0.77 | 0.79 | 88 | Europe Equities | MAEFX vs UEPIX |
See all 14 diversifiers for MAEFX
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