Looking to diversify beyond MAIFX? The mutual funds below have the lowest correlation with MAIFX — 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 MAIFX.
Best Diversifiers for MAIFX
0 mutual funds have low correlation with MAIFX (below 0.3), 0 of which are negatively correlated. The least correlated is Kopernik International Fund (KGIIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.55, roughly unchanged from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Kopernik International Fund | 0.55 | 0.47 | 0.53 | 54 | Foreign Large Cap Equities | MAIFX vs KGIIX | |
| Thornburg Global Opportunities Fund | 0.58 | 0.69 | 0.68 | 91 | Foreign Large Cap Equities | MAIFX vs THOIX | |
| PIMCO RAE PLUS International Fund | 0.60 | 0.62 | 0.61 | 75 | Foreign Large Cap Equities | MAIFX vs PTSIX | |
| American Beacon Tocqueville International Value Fu... | 0.63 | 0.68 | 0.69 | 93 | Foreign Large Cap Equities | MAIFX vs TIVFX | |
| SA International Value Fund | 0.63 | 0.72 | 0.70 | 88 | Foreign Large Cap Equities | MAIFX vs SAHMX |
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