Looking to diversify beyond MCSFX? The mutual funds below have the lowest correlation with MCSFX — 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 MCSFX.
Best Diversifiers for MCSFX
6 mutual funds have low correlation with MCSFX (below 0.3), 0 of which are negatively correlated. The least correlated is American Funds American Balanced Fund (BALFX) (Diversified Portfolio) with a 1Y correlation of 0.02, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Funds American Balanced Fund | 0.02 | 0.14 | 0.22 | 82 | Diversified Portfolio | MCSFX vs BALFX | |
| Baron Emerging Markets Fund | 0.06 | 0.22 | 0.24 | 58 | Emerging Markets Diversified | MCSFX vs BEXIX | |
| Virtus Ceredex Mid-Cap Value Equity Fund | 0.07 | 0.15 | 0.21 | 88 | Mid Cap Value Equities | MCSFX vs SMVTX | |
| American Funds New World Fund | 0.07 | 0.22 | 0.25 | 62 | Emerging Markets Equities | MCSFX vs NFFFX | |
| Janus Henderson Global Equity Income Fund | 0.08 | 0.23 | 0.28 | 57 | Foreign Large Cap Equities | MCSFX vs HFQAX |
See all 31 diversifiers for MCSFX
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