Looking to diversify beyond MFQTX? The mutual funds below have historically moved differently from MFQTX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MFQTX
0 mutual funds have low correlation with MFQTX (below 0.3), 0 of which are negatively correlated. The least correlated is AMG Yacktman Focused Fund (YAFFX) (Large Cap Value Equities) with a 1Y correlation of 0.31, down from 0.67 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AMG Yacktman Focused Fund | 0.31 | 0.54 | 0.67 | 91 | Large Cap Value Equities | MFQTX vs YAFFX | |
| Fidelity OTC Portfolio Class K | 0.39 | 0.55 | 0.71 | 72 | Large Cap Growth Equities | MFQTX vs FOCKX | |
| Fidelity OTC Portfolio | 0.39 | 0.55 | 0.71 | 72 | Large Cap Growth Equities | MFQTX vs FOCPX | |
| Fidelity OTC K6 Portfolio | 0.39 | 0.55 | 0.71 | 59 | Large Cap Growth Equities | MFQTX vs FOKFX | |
| Chase Growth Fund | 0.39 | 0.58 | 0.70 | 79 | Large Cap Growth Equities | MFQTX vs CHASX |
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