Looking to diversify beyond MAILX? The mutual funds below have historically moved differently from MAILX, 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 MAILX
0 mutual funds have low correlation with MAILX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Equity Market Neutral Fund Investor A (BDMAX) (Equity Market Neutral) with a 1Y correlation of 0.33, 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 Invest... | 0.33 | 0.19 | 0.13 | 97 | Equity Market Neutral | MAILX vs BDMAX | |
| BlackRock Global Equity Market Neutral Fund Class ... | 0.33 | 0.18 | 0.13 | 97 | Equity Market Neutral | MAILX vs BDMIX | |
| Federated Hermes International Strategic Value Div... | 0.40 | 0.49 | 0.62 | 88 | Foreign Large Cap Equities | MAILX vs IVFIX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.46 | 0.69 | 0.76 | 61 | Foreign Large Cap Equities | MAILX vs GSINX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.46 | 0.69 | 0.76 | 61 | Foreign Large Cap Equities | MAILX vs GSIMX |
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