Looking to diversify beyond MALVX? The mutual funds below have the lowest correlation with MALVX — 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 MALVX.
Best Diversifiers for MALVX
0 mutual funds have low correlation with MALVX (below 0.3), 0 of which are negatively correlated. The least correlated is Voya Corporate Leaders Trust Fund (LEXCX) (Large Cap Value Equities) with a 1Y correlation of 0.30, down from 0.70 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.30 | 0.59 | 0.70 | 52 | Large Cap Value Equities | MALVX vs LEXCX | |
| BlackRock Global Long/Short Equity Fund Class I | 0.30 | 0.17 | 0.13 | 91 | Long-Short | MALVX vs BDMIX | |
| Fidelity Advisor Large Cap Fund Class Z | 0.42 | 0.73 | 0.85 | 62 | Large Cap Value Equities | MALVX vs FIDLX | |
| Fidelity Advisor Large Cap Fund Class C | 0.42 | 0.73 | 0.85 | 60 | Large Cap Value Equities | MALVX vs FLCCX | |
| Fidelity Advisor Large Cap Fund Class I | 0.43 | 0.73 | 0.85 | 62 | Large Cap Value Equities | MALVX vs FALIX |
See all 37 diversifiers for MALVX
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