Looking to diversify beyond MBCSX? The mutual funds below have the lowest correlation with MBCSX — 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 MBCSX.
Best Diversifiers for MBCSX
2 mutual funds have low correlation with MBCSX (below 0.3), 0 of which are negatively correlated. The least correlated is MassMutual Short Duration Bond Fund (MSTDX) (Short-Term Bond) with a 1Y correlation of 0.19, roughly unchanged from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MassMutual Short Duration Bond Fund | 0.19 | 0.13 | 0.17 | 87 | Short-Term Bond | MBCSX vs MSTDX | |
| MassMutual Diversified Bond Fund | 0.22 | 0.20 | 0.19 | 83 | Intermediate Core-Plus Bond | MBCSX vs MDVAX | |
| MassMutual Diversified Value Fund | 0.37 | 0.41 | 0.55 | 70 | Large Cap Value Equities | MBCSX vs MDDAX | |
| Emerald Insights Fund | 0.39 | 0.77 | 0.85 | 99 | Large Cap Growth Equities | MBCSX vs EFCNX | |
| MassMutual High Yield Fund | 0.48 | 0.46 | 0.47 | 80 | High Yield Bonds | MBCSX vs DLHYX |
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