Looking to diversify beyond MALRX? The mutual funds below have the lowest correlation with MALRX — 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 MALRX.
Best Diversifiers for MALRX
1 mutual funds have low correlation with MALRX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.27, up from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.27 | 0.14 | 0.12 | 72 | Large Cap Blend Equities | MALRX vs SVPFX | |
| BlackRock Global Long/Short Equity Fund Class I | 0.40 | 0.26 | 0.16 | 95 | Long-Short | MALRX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.43 | 0.32 | 0.16 | 60 | Systematic Trend | MALRX vs ASFYX | |
| North Square Preferred and Income Securities Fund | 0.52 | 0.35 | 0.42 | 69 | Large Cap Blend Equities | MALRX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.59 | 0.70 | 0.81 | 62 | Large Cap Blend Equities | MALRX vs RCKSX |
See all 47 diversifiers for MALRX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements MALRX
Add MALRX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MALRX