Looking to diversify beyond MAILX? The mutual funds below have the lowest correlation with MAILX — 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 MAILX.
Best Diversifiers for MAILX
1 mutual funds have low correlation with MAILX (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 0.28, 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 | 0.28 | 0.17 | 0.12 | 91 | Long-Short | MAILX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.49 | 0.33 | 0.14 | 67 | Systematic Trend | MAILX vs ASFYX | |
| Kopernik International Fund | 0.56 | 0.45 | 0.58 | 82 | Foreign Large Cap Equities | MAILX vs KGIIX | |
| PIMCO RAE PLUS International Fund | 0.60 | 0.55 | 0.59 | 83 | Foreign Large Cap Equities | MAILX vs PTSIX | |
| SA International Value Fund | 0.61 | 0.59 | 0.67 | 90 | Foreign Large Cap Equities | MAILX vs SAHMX |
See all 27 diversifiers for MAILX
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