Looking to diversify beyond MECIX? The mutual funds below have historically moved differently from MECIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MECIX
0 mutual funds have low correlation with MECIX (below 0.3), 0 of which are negatively correlated. The least correlated is AMG Yacktman Focused Fund (YAFFX) (Large Cap Value Equities) with a 1Y correlation of 0.44, down from 0.66 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AMG Yacktman Focused Fund | 0.44 | 0.57 | 0.66 | 89 | Large Cap Value Equities | MECIX vs YAFFX | |
| AMG Yacktman Fund | 0.51 | 0.59 | 0.67 | 91 | Large Cap Value Equities | MECIX vs YACKX | |
| Kopernik Global All-Cap Fund | 0.53 | 0.50 | 0.58 | 66 | Foreign Small & Mid Cap Equities | MECIX vs KGGIX | |
| Kopernik Global All-Cap Fund Class A | 0.54 | 0.50 | 0.58 | 65 | Foreign Small & Mid Cap Equities | MECIX vs KGGAX | |
| AMG Yacktman Special Opportunities Fund | 0.58 | 0.63 | 0.70 | 55 | Foreign Small & Mid Cap Equities | MECIX vs YASLX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements MECIX
Add MECIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MECIX