Looking to diversify beyond MEQFX? The mutual funds below have the lowest correlation with MEQFX — 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 MEQFX.
Best Diversifiers for MEQFX
2 mutual funds have low correlation with MEQFX (below 0.3), 0 of which are negatively correlated. The least correlated is AMG GW&K Municipal Enhanced Yield Fund (GWMEX) (High Yield Muni) with a 1Y correlation of 0.18, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AMG GW&K Municipal Enhanced Yield Fund | 0.18 | 0.13 | 0.10 | 60 | High Yield Muni | MEQFX vs GWMEX | |
| AMG Veritas Asia Pacific Fund | 0.25 | 0.39 | 0.48 | 92 | Asia Pacific Equities | MEQFX vs MGSEX | |
| AMG GW&K Municipal Bond Fund | 0.31 | 0.18 | 0.13 | 64 | Municipal Bonds | MEQFX vs GWMIX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.35 | 0.17 | 0.14 | 72 | Large Cap Blend Equities | MEQFX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.37 | 0.31 | 0.39 | 69 | Large Cap Blend Equities | MEQFX vs ORDNX |
See all 40 diversifiers for MEQFX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements MEQFX
Add MEQFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MEQFX