Looking to diversify beyond MCN? The mutual funds below have the lowest correlation with MCN — 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 MCN.
Best Diversifiers for MCN
1 mutual funds have low correlation with MCN (below 0.3), 0 of which are negatively correlated. The least correlated is Princeton Premium Fund (PPFIX) (Options Trading) with a 1Y correlation of 0.08, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Princeton Premium Fund | 0.08 | 0.12 | 0.09 | 100 | Options Trading | MCN vs PPFIX | |
| Rational Tactical Return Fund | 0.35 | 0.21 | 0.14 | 55 | Options Trading | MCN vs HRSTX | |
| Gateway Equity Call Premium Fund | 0.42 | 0.37 | 0.45 | 84 | Options Trading | MCN vs GCPYX | |
| MAI Managed Volatility Fund | 0.46 | 0.42 | 0.47 | 89 | Options Trading | MCN vs MAIPX | |
| Glenmede Secured Options Portfolio | 0.48 | 0.40 | 0.46 | 87 | Options Trading | MCN vs GTSOX |
See all 14 diversifiers for MCN
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