Looking to diversify beyond MCFIX? The mutual funds below have the lowest correlation with MCFIX — 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 MCFIX.
Best Diversifiers for MCFIX
1 mutual funds have low correlation with MCFIX (below 0.3), 0 of which are negatively correlated. The least correlated is Mercer Emerging Markets Equity Fund (MEMQX) (Emerging Markets Diversified) with a 1Y correlation of 0.18, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Mercer Emerging Markets Equity Fund | 0.18 | 0.16 | 0.11 | 93 | Emerging Markets Diversified | MCFIX vs MEMQX | |
| Mercer US Small/Mid Cap Equity Fund | 0.33 | 0.25 | 0.17 | 53 | Small Cap Blend Equities | MCFIX vs MSCGX | |
| Holbrook Income Fund Class I | 0.34 | 0.32 | 0.37 | 98 | Intermediate Core-Plus Bond | MCFIX vs HOBIX | |
| Leader Capital High Quality Income Fund Institutio... | 0.39 | 0.20 | 0.13 | 93 | Intermediate Core-Plus Bond | MCFIX vs LCTIX | |
| Mercer Non-US Core Equity Fund | 0.39 | 0.30 | 0.24 | 53 | Foreign Large Cap Equities | MCFIX vs MNCEX |
See all 11 diversifiers for MCFIX
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