Looking to diversify beyond MIEKX? The mutual funds below have the lowest correlation with MIEKX — 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 MIEKX.
Best Diversifiers for MIEKX
0 mutual funds have low correlation with MIEKX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Emerging Markets Core Equity Fund (DFCEX) (Emerging Markets Diversified) with a 1Y correlation of 0.56, roughly unchanged from 0.64 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Emerging Markets Core Equity Fund | 0.56 | 0.64 | — | 85 | Emerging Markets Diversified | MIEKX vs DFCEX | |
| Schwab Fundamental US Large Company Index Fund | 0.69 | 0.67 | — | 92 | Large Cap Value Equities | MIEKX vs SFLNX | |
| iShares MSCI Total International Index Fund Class ... | 0.86 | 0.90 | — | 62 | International Equity | MIEKX vs BDOAX |
Diversification Analysis
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