Looking to diversify beyond MAIIX? The mutual funds below have historically moved differently from MAIIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
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 Equity Market Neutral Fund Class I (BDMIX) (Equity Market Neutral) with a 1Y correlation of 0.34, up from 0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Equity Market Neutral Fund Class ... | 0.34 | 0.17 | 0.13 | 97 | Equity Market Neutral | MAIIX vs BDMIX | |
| Virtus AlphaSimplex Managed Futures Strategy Fund ... | 0.44 | 0.34 | 0.12 | 66 | Systematic Trend | MAIIX vs ASFYX | |
| Federated Hermes International Strategic Value Div... | 0.50 | 0.60 | 0.71 | 88 | Foreign Large Cap Equities | MAIIX vs IVFIX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.55 | 0.73 | 0.80 | 61 | Foreign Large Cap Equities | MAIIX vs GSINX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.57 | 0.74 | 0.81 | 61 | Foreign Large Cap Equities | MAIIX vs GSIMX |
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