Looking to diversify beyond MAEGX? The mutual funds below have the lowest correlation with MAEGX — 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 MAEGX.
Best Diversifiers for MAEGX
2 mutual funds have low correlation with MAEGX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.16, down from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.16 | 0.26 | 0.46 | 62 | Global Equities | MAEGX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.26 | 0.35 | 0.53 | 55 | Global Equities | MAEGX vs FGIAX | |
| BlackRock Global Long/Short Equity Fund Class I | 0.36 | 0.24 | 0.15 | 94 | Long-Short | MAEGX vs BDMIX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.42 | 0.49 | 0.61 | 82 | Global Equities | MAEGX vs RTXAX | |
| Polaris Global Value Fund | 0.43 | 0.53 | 0.63 | 92 | Global Equities | MAEGX vs PGVFX |
See all 38 diversifiers for MAEGX
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