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
0 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 0.31, up from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.31 | 0.14 | 0.12 | 70 | Large Cap Blend Equities | MIGYX vs SVPFX | |
| Rock Oak Core Growth Fund | 0.49 | 0.66 | 0.78 | 63 | Large Cap Blend Equities | MIGYX vs RCKSX | |
| North Square Preferred and Income Securities Fund | 0.49 | 0.35 | 0.42 | 68 | Large Cap Blend Equities | MIGYX vs ORDNX | |
| Invesco Comstock Fund | 0.54 | 0.69 | 0.77 | 63 | Large Cap Value Equities | MIGYX vs ACSTX | |
| Glenmede Responsible ESG U.S. Equity Portfolio | 0.54 | 0.74 | 0.84 | 89 | Large Cap Blend Equities | MIGYX vs RESGX |
See all 47 diversifiers for MIGYX
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