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Marsico Focus Fund (MFOCX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

The fund invests primarily in the common stocks of large companies that are selected for their long-term growth potential. It will normally hold a core position of between 20 and 35 common stocks. In selecting investments for the fund, the investment adviser uses an approach that emphasizes the selection of what the investment adviser believes are stocks of high-quality companies with compelling potential for long-term capital appreciation. The investment approach combines "top-down" analysis and "bottom-up" analysis and security analysis to identify opportunities. The fund is non-diversified.

Looking to diversify beyond MFOCX? The mutual funds below have the lowest correlation with MFOCX — 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 MFOCX.

Best Diversifiers for MFOCX

0 mutual funds have low correlation with MFOCX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Biotechnology Portfolio (FBIOX) (Health & Biotech Equities) with a 1Y correlation of 0.36, down from 0.49 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FBIOX
Fidelity Select Biotechnology Portfolio0.360.390.49
88
Health & Biotech EquitiesMFOCX vs FBIOX
BPTRX
Baron Partners Fund0.480.580.68
52
Large Cap Growth EquitiesMFOCX vs BPTRX
IOLZX
ICON Equity Fund0.600.550.67
85
Large Cap Growth EquitiesMFOCX vs IOLZX
DNVYX
Davis New York Venture Fund Class Y0.630.670.73
80
Large Cap Growth EquitiesMFOCX vs DNVYX
VTMGX
Vanguard Developed Markets Index Fund Admiral Shar...0.670.610.68
65
Foreign Large Cap EquitiesMFOCX vs VTMGX
See all 30 diversifiers for MFOCX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from MFOCX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MFOCX and solid risk/return profiles. The least correlated is BlackRock Science and Technology Trust (BST) (Financial Services) with a 1Y correlation of 0.70, roughly unchanged from 0.80 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
BST
BlackRock Science and Technology Trust0.700.750.80
88
Financial Services

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