Looking to diversify beyond MGSEX? The mutual funds below have the lowest correlation with MGSEX — 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 MGSEX.
Best Diversifiers for MGSEX
0 mutual funds have low correlation with MGSEX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Japanese Small Company Portfolio (DFJSX) (Japan Equities) with a 1Y correlation of 0.40, roughly unchanged from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Japanese Small Company Portfolio | 0.40 | 0.43 | 0.46 | 60 | Japan Equities, Asia Pacific Equities | MGSEX vs DFJSX | |
| Morgan Stanley China A Share Fund | 0.48 | 0.48 | 0.56 | 92 | China Equities, Asia Pacific Equities | MGSEX vs CAF | |
| Fidelity SAI Japan Stock Index Fund | 0.53 | 0.54 | 0.55 | 53 | Japan Equities, Asia Pacific Equities | MGSEX vs FSJPX | |
| AMG Yacktman Fund | 0.57 | 0.59 | 0.61 | 86 | Large Cap Value Equities | MGSEX vs YACKX | |
| BlackRock China A Opportunities Fund | 0.62 | 0.50 | 0.59 | 74 | China Equities, Asia Pacific Equities | MGSEX vs CHILX |
See all 27 diversifiers for MGSEX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements MGSEX
Add MGSEX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MGSEX