Looking to diversify beyond MERFX? The mutual funds below have the lowest correlation with MERFX — 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 MERFX.
Best Diversifiers for MERFX
19 mutual funds have low correlation with MERFX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus Duff & Phelps Select MLP and Energy Fund (VLPIX) (Energy Equities) with a 1Y correlation of 0.07, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Duff & Phelps Select MLP and Energy Fund | 0.07 | 0.20 | 0.24 | 55 | Energy Equities | MERFX vs VLPIX | |
| Virtus Newfleet Tax-Exempt Bond Fund | 0.08 | -0.04 | 0.02 | 68 | Municipal Bonds | MERFX vs HXBIX | |
| Virtus Seix Floating Rate High Income Fund | 0.09 | 0.12 | 0.16 | 97 | Bank Loan | MERFX vs SAMBX | |
| Virtus Seix U.S. Government Securities Ultra-Short... | 0.09 | 0.03 | 0.06 | 98 | Ultrashort Bond | MERFX vs SIGVX | |
| Virtus Stone Harbor Emerging Markets Income Fund | 0.09 | 0.11 | 0.17 | 63 | Emerging Markets Bonds | MERFX vs EDF |
See all 34 diversifiers for MERFX
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