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
1 mutual funds have low correlation with MAIIX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Equity Market Neutral Fund Class I (BDMIX) (Equity Market Neutral) with a 1Y correlation of 0.29, up from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Equity Market Neutral Fund Class ... | 0.29 | 0.16 | 0.12 | 96 | Equity Market Neutral | MAIIX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.49 | 0.34 | 0.13 | 51 | Systematic Trend | MAIIX vs ASFYX | |
| Federated Hermes International Strategic Value Div... | 0.57 | 0.63 | 0.73 | 61 | Foreign Large Cap Equities | MAIIX vs IVFIX | |
| Thornburg Global Opportunities Fund | 0.60 | 0.71 | 0.78 | 86 | Foreign Large Cap Equities | MAIIX vs THOIX | |
| PIMCO RAE PLUS International Fund | 0.63 | 0.65 | 0.67 | 82 | Foreign Large Cap Equities | MAIIX vs PTSIX |
See all 29 diversifiers for MAIIX
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