Looking to diversify beyond MERFX? The mutual funds below have historically moved differently from MERFX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MERFX
18 mutual funds have low correlation with MERFX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus Seix Floating Rate High Income Fund (SAMBX) (Bank Loan) with a 1Y correlation of 0.02, down from 0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Seix Floating Rate High Income Fund | 0.02 | 0.09 | 0.15 | 98 | Bank Loan | MERFX vs SAMBX | |
| Virtus Duff & Phelps Select MLP and Energy Fund | 0.03 | 0.19 | 0.25 | 85 | Energy Equities | MERFX vs VLPIX | |
| Virtus Seix U.S. Government Securities Ultra-Short... | 0.09 | 0.02 | 0.06 | 98 | Ultrashort Bond | MERFX vs SIGVX | |
| Virtus Diversified Income & Convertible Fund | 0.10 | 0.15 | 0.25 | 64 | Diversified Portfolio, Convertible Bonds | MERFX vs ACV | |
| Virtus Newfleet Senior Floating Rate Fund | 0.12 | 0.09 | 0.15 | 92 | Bank Loan | MERFX vs PSFIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements MERFX
Add MERFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MERFX