Looking to diversify beyond MDIDX? The mutual funds below have the lowest correlation with MDIDX — 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 MDIDX.
Best Diversifiers for MDIDX
0 mutual funds have low correlation with MDIDX (below 0.3), 0 of which are negatively correlated. The least correlated is Kopernik International Fund (KGIIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.64, roughly unchanged from 0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Kopernik International Fund | 0.64 | 0.56 | 0.66 | 81 | Foreign Large Cap Equities | MDIDX vs KGIIX | |
| EuroPac International Dividend Income Fund | 0.68 | 0.72 | 0.74 | 87 | Foreign Large Cap Equities | MDIDX vs EPDIX | |
| EuroPac International Dividend Income Fund Class A | 0.69 | 0.72 | 0.74 | 87 | Foreign Large Cap Equities, Dividend | MDIDX vs EPDPX | |
| SA International Value Fund | 0.71 | 0.72 | 0.76 | 87 | Foreign Large Cap Equities | MDIDX vs SAHMX | |
| American Beacon Tocqueville International Value Fu... | 0.72 | 0.74 | 0.83 | 93 | Foreign Large Cap Equities | MDIDX vs TIVFX |
See all 16 diversifiers for MDIDX
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