Looking to diversify beyond MEMUX? The mutual funds below have the lowest correlation with MEMUX — 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 MEMUX.
Best Diversifiers for MEMUX
11 mutual funds have low correlation with MEMUX (below 0.3), 1 of which are negatively correlated. The least correlated is Integrity Mid-North American Resources Fund (ICPAX) (Energy Equities) with a 1Y correlation of -0.07, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Integrity Mid-North American Resources Fund | -0.07 | 0.04 | 0.01 | 83 | Energy Equities | MEMUX vs ICPAX | |
| Integrity ESG Growth & Income Fund | 0.11 | 0.10 | 0.10 | 89 | Large Cap Blend Equities | MEMUX vs IGIAX | |
| Integrity Dividend Harvest Fund | 0.14 | 0.13 | 0.08 | 94 | Large Cap Value Equities | MEMUX vs IDIVX | |
| DFA Short Term Municipal Bond Portfolio | 0.15 | 0.27 | 0.32 | 99 | Municipal Bonds | MEMUX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.17 | 0.27 | — | 100 | Municipal Bonds | MEMUX vs DFABX |
See all 26 diversifiers for MEMUX
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