Looking to diversify beyond MFSSX? The mutual funds below have the lowest correlation with MFSSX — 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 MFSSX.
Best Diversifiers for MFSSX
11 mutual funds have low correlation with MFSSX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of -0.06, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.06 | 0.18 | 0.21 | 95 | Municipal Bonds | MFSSX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.04 | 0.20 | 0.22 | 94 | Municipal Bonds | MFSSX vs DMREX | |
| DFA Short Term Municipal Bond Portfolio | 0.17 | 0.27 | 0.36 | 99 | Municipal Bonds | MFSSX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.18 | 0.29 | — | 100 | Municipal Bonds | MFSSX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.20 | 0.31 | 0.38 | 99 | Municipal Bonds | MFSSX vs USMSX |
See all 22 diversifiers for MFSSX
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