Looking to diversify beyond MFFIX? The mutual funds below have the lowest correlation with MFFIX — 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 MFFIX.
Best Diversifiers for MFFIX
0 mutual funds have low correlation with MFFIX (below 0.3), 0 of which are negatively correlated. The least correlated is Dimensional Retirement Income Fund (TDIFX) (Target Retirement Date) with a 1Y correlation of 0.74, roughly unchanged from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.74 | 0.76 | 0.74 | 85 | Target Retirement Date | MFFIX vs TDIFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 0.79 | 0.71 | 0.68 | 76 | Target Retirement Date | MFFIX vs FFGZX | |
| Fidelity Freedom Index Income Fund Investor Class | 0.80 | 0.71 | 0.68 | 76 | Target Retirement Date | MFFIX vs FIKFX | |
| Voya Target In-Retirement Fund | 0.80 | 0.81 | 0.81 | 84 | Target Retirement Date | MFFIX vs ISOLX | |
| Fidelity Managed Retirement Income Fund | 0.80 | 0.73 | 0.71 | 69 | Target Retirement Date | MFFIX vs FIRMX |
See all 38 diversifiers for MFFIX
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Diversification Analysis
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