Looking to diversify beyond MIGYX? The mutual funds below have the lowest correlation with MIGYX — 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 MIGYX.
Best Diversifiers for MIGYX
1 mutual funds have low correlation with MIGYX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.24, up from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.24 | 0.13 | 0.11 | 70 | Large Cap Blend Equities | MIGYX vs SVPFX | |
| Federated Hermes MDT All Cap Core Fund | 0.38 | 0.65 | 0.81 | 60 | Large Cap Blend Equities | MIGYX vs QIACX | |
| Federated Hermes MDT All Cap Core Fund Class R6 | 0.38 | 0.65 | 0.81 | 60 | Large Cap Blend Equities | MIGYX vs QKACX | |
| North Square Preferred and Income Securities Fund | 0.45 | 0.33 | 0.42 | 72 | Large Cap Blend Equities | MIGYX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.50 | 0.66 | 0.78 | 57 | Large Cap Blend Equities | MIGYX vs RCKSX |
See all 45 diversifiers for MIGYX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements MIGYX
Add MIGYX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MIGYX