Looking to diversify beyond MEGBX? The mutual funds below have the lowest correlation with MEGBX — 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 MEGBX.
Best Diversifiers for MEGBX
0 mutual funds have low correlation with MEGBX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.45, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.45 | 0.51 | 0.59 | 72 | Large Cap Growth Equities | MEGBX vs BPTRX | |
| DFA International Value Portfolio Institutional Cl... | 0.54 | 0.49 | 0.56 | 80 | Foreign Large Cap Equities | MEGBX vs DFIVX | |
| ICON Equity Fund | 0.58 | 0.56 | 0.68 | 84 | Large Cap Growth Equities | MEGBX vs IOLZX | |
| Davis New York Venture Fund Class Y | 0.61 | 0.68 | 0.74 | 80 | Large Cap Growth Equities | MEGBX vs DNVYX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.65 | 0.61 | 0.68 | 61 | Foreign Large Cap Equities | MEGBX vs VTMGX |
See all 28 diversifiers for MEGBX
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