Looking to diversify beyond MFAIX? The mutual funds below have the lowest correlation with MFAIX — 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 MFAIX.
Best Diversifiers for MFAIX
0 mutual funds have low correlation with MFAIX (below 0.3), 0 of which are negatively correlated. The least correlated is Guggenheim Limited Duration Fund (GILHX) (Short-Term Bond) with a 1Y correlation of 0.33, up from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Guggenheim Limited Duration Fund | 0.33 | 0.21 | 0.22 | 88 | Short-Term Bond | MFAIX vs GILHX | |
| Kopernik International Fund | 0.47 | 0.37 | 0.50 | 81 | Foreign Large Cap Equities | MFAIX vs KGIIX | |
| PIMCO RAE PLUS International Fund | 0.49 | 0.49 | 0.52 | 81 | Foreign Large Cap Equities | MFAIX vs PTSIX | |
| EuroPac International Dividend Income Fund Class A | 0.49 | 0.52 | 0.56 | 87 | Foreign Large Cap Equities, Dividend | MFAIX vs EPDPX | |
| SA International Value Fund | 0.50 | 0.52 | 0.58 | 87 | Foreign Large Cap Equities | MFAIX vs SAHMX |
See all 24 diversifiers for MFAIX
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