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MFS Aggressive Growth Allocation Fund (MIAGX) Diversifiers

Mutual Fund · Currency in USD · Last updated Aug 1, 2026
Documentation

The investment seeks a high level of total return consistent with an aggressive level of risk relative to the other MFS Asset Allocation Funds. The fund is designed to provide diversification among different asset classes by investing its assets in other mutual funds advised by the adviser referred to as underlying funds. Within the stock fund allocations, the adviser seeks to diversify by geography (by including domestic and international underlying funds), in terms of market capitalization (by including large, mid, and small capitalization underlying funds), and by style (by including both growth and value underlying funds).

Looking to diversify beyond MIAGX? The mutual funds below have historically moved differently from MIAGX, 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 MIAGX

2 mutual funds have low correlation with MIAGX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.14, down from 0.14 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SIFAX
SEI Institutional Managed Trust Multi-Asset Inflat...-0.140.020.14
83
Diversified PortfolioMIAGX vs SIFAX
MHELX
MH Elite Small Cap Fund of Funds Fund0.040.140.50
66
Diversified PortfolioMIAGX vs MHELX
FCSRX
Fidelity Advisor Strategic Real Return Fund Class ...0.450.590.64
89
Diversified PortfolioMIAGX vs FCSRX
FIQDX
Fidelity Advisor Strategic Real Return Fund Class ...0.460.590.64
91
Diversified PortfolioMIAGX vs FIQDX
FSIRX
Fidelity Advisor Strategic Real Return Fund Class ...0.460.590.64
91
Diversified PortfolioMIAGX vs FSIRX
See all 41 diversifiers for MIAGX

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for MIAGX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Robert Half International Inc. (RHI) (Industrials) with a 1Y correlation of 0.13, down from 0.50 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
RHI
Robert Half International Inc.0.130.350.50
52
Industrials

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Diversification Analysis

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