Looking to diversify beyond MBAPX? The mutual funds below have the lowest correlation with MBAPX — 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 MBAPX.
Best Diversifiers for MBAPX
1 mutual funds have low correlation with MBAPX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.03, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.03 | 0.16 | 0.49 | 67 | Diversified Portfolio | MBAPX vs MHELX | |
| Fidelity Strategic Real Return Fund | 0.40 | 0.60 | 0.64 | 87 | Diversified Portfolio | MBAPX vs FSRRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.41 | 0.59 | 0.63 | 88 | Diversified Portfolio | MBAPX vs FIQDX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.41 | 0.59 | 0.63 | 82 | Diversified Portfolio | MBAPX vs FCSRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.41 | 0.59 | 0.63 | 86 | Diversified Portfolio | MBAPX vs FSIRX |
See all 30 diversifiers for MBAPX
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