Looking to diversify beyond MGF? The mutual funds below have the lowest correlation with MGF — 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 MGF.
Best Diversifiers for MGF
9 mutual funds have low correlation with MGF (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Short-Term Government Portfolio (DFFGX) (Government Bonds) with a 1Y correlation of 0.03, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Short-Term Government Portfolio | 0.03 | -0.02 | 0.12 | 99 | Government Bonds | MGF vs DFFGX | |
| GMO U.S. Treasury Fund | 0.07 | 0.07 | 0.07 | 99 | Government Bonds | MGF vs GUSTX | |
| Federated Hermes Adjustable Rate Fund | 0.09 | 0.27 | 0.27 | 99 | Government Bonds | MGF vs FEUGX | |
| Davis Government Bond Fund | 0.14 | 0.22 | 0.25 | 83 | Government Bonds | MGF vs RFBAX | |
| Integrity Short Term Government Fund | 0.15 | 0.30 | 0.31 | 91 | Government Bonds | MGF vs MDSIX |
See all 9 diversifiers for MGF
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