Looking to diversify beyond MEMQX? The mutual funds below have the lowest correlation with MEMQX — 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 MEMQX.
Best Diversifiers for MEMQX
0 mutual funds have low correlation with MEMQX (below 0.3), 0 of which are negatively correlated. The least correlated is Ashmore Emerging Markets Small Cap Equity Fund (ESCIX) (Emerging Markets Diversified) with a 1Y correlation of 0.39, down from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 0.39 | 0.60 | 0.69 | 87 | Emerging Markets Diversified | MEMQX vs ESCIX | |
| Mercer US Small/Mid Cap Equity Fund | 0.45 | 0.48 | 0.53 | 57 | Small Cap Blend Equities | MEMQX vs MSCGX | |
| Wasatch Emerging Markets Small Cap Fund | 0.56 | 0.56 | 0.66 | 62 | Emerging Markets Diversified | MEMQX vs WAEMX | |
| Driehaus Emerging Markets Small Cap Growth Fund | 0.70 | 0.65 | 0.73 | 74 | Emerging Markets Diversified | MEMQX vs DRESX | |
| Delaware Emerging Markets Fund | 0.71 | 0.74 | 0.81 | 98 | Emerging Markets Diversified | MEMQX vs DEMIX |
See all 25 diversifiers for MEMQX
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