Looking to diversify beyond MECIX? The mutual funds below have the lowest correlation with MECIX — 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 MECIX.
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 0.47, down from 0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AMG Yacktman Focused Fund | 0.47 | 0.58 | 0.66 | 86 | Large Cap Value Equities | MECIX vs YAFFX | |
| AMG Yacktman Fund | 0.53 | 0.60 | 0.67 | 86 | Large Cap Value Equities | MECIX vs YACKX | |
| Hood River International Opportunity Fund | 0.63 | 0.66 | — | 90 | Foreign Small & Mid Cap Equities | MECIX vs HRIOX | |
| Hood River International Opportunity Fund Investor... | 0.63 | — | — | 90 | Foreign Small & Mid Cap Equities | MECIX vs HRIIX | |
| Lazard International Small Cap Equity Portfolio | 0.72 | 0.81 | 0.85 | 60 | Foreign Small & Mid Cap Equities | MECIX vs LZISX |
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