Looking to diversify beyond MAMTX? The mutual funds below have the lowest correlation with MAMTX — 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 MAMTX.
Best Diversifiers for MAMTX
18 mutual funds have low correlation with MAMTX (below 0.3), 3 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of -0.06, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.06 | 0.16 | 0.23 | 95 | Municipal Bonds | MAMTX vs DCARX | |
| DFA Municipal Real Return Portfolio | -0.02 | 0.19 | 0.23 | 94 | Municipal Bonds | MAMTX vs DMREX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | -0.01 | -0.09 | -0.10 | 60 | Systematic Trend | MAMTX vs ASFYX | |
| BlackRock Global Long/Short Equity Fund Class I | 0.11 | 0.04 | 0.04 | 95 | Long-Short | MAMTX vs BDMIX | |
| DFA Short Term Municipal Bond Portfolio | 0.16 | 0.24 | 0.30 | 99 | Municipal Bonds | MAMTX vs DFSMX |
See all 30 diversifiers for MAMTX
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