Looking to diversify beyond MASPX? The mutual funds below have the lowest correlation with MASPX — 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 MASPX.
Best Diversifiers for MASPX
1 mutual funds have low correlation with MASPX (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 0.29, up from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.29 | 0.16 | 0.09 | 92 | Long-Short | MASPX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.40 | 0.28 | 0.14 | 67 | Systematic Trend | MASPX vs ASFYX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.72 | 0.66 | 0.74 | 75 | Large Cap Growth Equities | MASPX vs NASDX | |
| Quantified Common Ground Fund | 0.74 | 0.81 | 0.81 | 61 | Mid Cap Blend Equities | MASPX vs QCGDX | |
| Gabelli Value 25 Fund | 0.77 | 0.82 | 0.86 | 60 | Mid Cap Blend Equities | MASPX vs GABVX |
See all 31 diversifiers for MASPX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements MASPX
Add MASPX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MASPX