Looking to diversify beyond MICYX? The mutual funds below have the lowest correlation with MICYX — 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 MICYX.
Best Diversifiers for MICYX
1 mutual funds have low correlation with MICYX (below 0.3), 0 of which are negatively correlated. The least correlated is Victory Pioneer Cat Bond Fund Class Y (CBYYX) (Nontraditional Bonds) with a 1Y correlation of 0.00, roughly unchanged from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 0.00 | 0.00 | 0.00 | 100 | Nontraditional Bonds | MICYX vs CBYYX | |
| Victory Global Energy Transition Fund | 0.47 | 0.58 | 0.63 | 97 | Energy Equities | MICYX vs RSNRX | |
| USAA High Income Fund | 0.59 | 0.55 | 0.57 | 79 | High Yield Bonds | MICYX vs USHYX | |
| PIMCO RAE PLUS International Fund | 0.61 | 0.63 | 0.66 | 81 | Foreign Large Cap Equities | MICYX vs PTSIX | |
| Kopernik International Fund | 0.64 | 0.55 | 0.66 | 81 | Foreign Large Cap Equities | MICYX vs KGIIX |
See all 25 diversifiers for MICYX
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