Looking to diversify beyond MERAX? The mutual funds below have the lowest correlation with MERAX — 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 MERAX.
Best Diversifiers for MERAX
1 mutual funds have low correlation with MERAX (below 0.3), 0 of which are negatively correlated. The least correlated is Madison Tax-Free National Fund (GTFHX) (Municipal Bonds) 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 |
|---|---|---|---|---|---|---|---|
| Madison Tax-Free National Fund | 0.18 | 0.13 | 0.10 | 76 | Municipal Bonds | MERAX vs GTFHX | |
| Tarkio Fund | 0.61 | 0.73 | 0.79 | 68 | Mid Cap Blend Equities | MERAX vs TARKX | |
| The Texas Fund | 0.64 | 0.75 | 0.75 | 82 | Mid Cap Blend Equities | MERAX vs BIGTX | |
| Paradigm Select Fund | 0.64 | 0.74 | 0.80 | 92 | Mid Cap Blend Equities | MERAX vs PFSLX | |
| Quantified Common Ground Fund | 0.64 | 0.76 | 0.78 | 61 | Mid Cap Blend Equities | MERAX vs QCGDX |
See all 18 diversifiers for MERAX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements MERAX
Add MERAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MERAX