Looking to diversify beyond MDCEX? The mutual funds below have the lowest correlation with MDCEX — 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 MDCEX.
Best Diversifiers for MDCEX
2 mutual funds have low correlation with MDCEX (below 0.3), 1 of which are negatively correlated. The least correlated is BlackRock Tactical Opportunities Fund Institutional Class (PBAIX) (Tactical Allocation) with a 1Y correlation of -0.03, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Tactical Opportunities Fund Institutiona... | -0.03 | 0.24 | 0.20 | 66 | Tactical Allocation | MDCEX vs PBAIX | |
| Quantified Evolution Plus Fund | 0.28 | 0.44 | 0.30 | 90 | Tactical Allocation | MDCEX vs QEVOX | |
| AQR Diversifying Strategies Fund Class N | 0.33 | 0.29 | 0.19 | 92 | Tactical Allocation | MDCEX vs QDSNX | |
| Hussman Strategic Total Return Fund | 0.33 | 0.35 | 0.41 | 90 | Tactical Allocation | MDCEX vs HSTRX | |
| Potomac Defensive Bull Fund | 0.46 | 0.46 | 0.42 | 93 | Tactical Allocation | MDCEX vs CRDBX |
See all 23 diversifiers for MDCEX
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