Looking to diversify beyond MFAAX? The mutual funds below have the lowest correlation with MFAAX — 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 MFAAX.
Best Diversifiers for MFAAX
3 mutual funds have low correlation with MFAAX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Short-Term Government Portfolio (DFFGX) (Government Bonds) with a 1Y correlation of 0.19, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Short-Term Government Portfolio | 0.19 | 0.08 | 0.32 | 62 | Government Bonds | MFAAX vs DFFGX | |
| American Funds Fundamental Investors Class A | 0.24 | 0.17 | 0.14 | 75 | Large Cap Blend Equities | MFAAX vs ANCFX | |
| American Funds Investment Company of America Class... | 0.26 | 0.19 | 0.14 | 55 | Large Cap Blend Equities | MFAAX vs AIVSX | |
| American Funds The Income Fund of America Class A | 0.33 | 0.32 | 0.26 | 53 | Diversified Portfolio, Dividend | MFAAX vs AMECX | |
| GMO U.S. Treasury Fund | 0.33 | 0.15 | 0.10 | 99 | Government Bonds | MFAAX vs GUSTX |
See all 13 diversifiers for MFAAX
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