Looking to diversify beyond MBDFX? The mutual funds below have historically moved differently from MBDFX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MBDFX
3 mutual funds have low correlation with MBDFX (below 0.3), 0 of which are negatively correlated. The least correlated is AMG Yacktman Focused Fund (YAFFX) (Large Cap Value Equities) with a 1Y correlation of 0.17, roughly unchanged from 0.14 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AMG Yacktman Focused Fund | 0.17 | 0.18 | 0.14 | 89 | Large Cap Value Equities | MBDFX vs YAFFX | |
| AMG Yacktman Fund | 0.22 | 0.20 | 0.14 | 91 | Large Cap Value Equities | MBDFX vs YACKX | |
| AMG Yacktman Special Opportunities Fund | 0.28 | 0.23 | 0.20 | 55 | Foreign Small & Mid Cap Equities | MBDFX vs YASLX | |
| Cromwell CenterSquare Real Estate Fund | 0.31 | 0.41 | 0.33 | 56 | REIT | MBDFX vs MRESX | |
| AMG Boston Common Global Impact Fund | 0.37 | 0.30 | 0.27 | 54 | Large Cap Growth Equities | MBDFX vs BRWIX |
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