Looking to diversify beyond MCGFX? The mutual funds below have the lowest correlation with MCGFX — 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 MCGFX.
Best Diversifiers for MCGFX
0 mutual funds have low correlation with MCGFX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.47, down from 0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.47 | 0.57 | 0.66 | 72 | Large Cap Growth Equities | MCGFX vs BPTRX | |
| Adams Diversified Equity Fund, Inc. | 0.63 | 0.74 | 0.83 | 67 | Large Cap Blend Equities | MCGFX vs ADX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.67 | 0.64 | 0.69 | 61 | Foreign Large Cap Equities | MCGFX vs VTMGX | |
| Davis New York Venture Fund Class Y | 0.67 | 0.70 | 0.75 | 80 | Large Cap Growth Equities | MCGFX vs DNVYX | |
| One Rock Fund | 0.69 | 0.73 | 0.78 | 87 | Large Cap Growth Equities | MCGFX vs ONERX |
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