Looking to diversify beyond MAIIX? The mutual funds below have the lowest correlation with MAIIX — 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 MAIIX.
Best Diversifiers for MAIIX
0 mutual funds have low correlation with MAIIX (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 0.31, up from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.31 | 0.16 | 0.12 | 95 | Long-Short | MAIIX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.48 | 0.34 | 0.14 | 60 | Systematic Trend | MAIIX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | 0.60 | 0.58 | 0.65 | 66 | Technology Equities | MAIIX vs BGSAX | |
| Kopernik International Fund | 0.60 | 0.50 | 0.62 | 54 | Foreign Large Cap Equities | MAIIX vs KGIIX | |
| Thornburg Global Opportunities Fund | 0.62 | 0.72 | 0.78 | 91 | Foreign Large Cap Equities | MAIIX vs THOIX |
See all 32 diversifiers for MAIIX
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