Looking to diversify beyond MIIBX? The mutual funds below have the lowest correlation with MIIBX — 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 MIIBX.
Best Diversifiers for MIIBX
5 mutual funds have low correlation with MIIBX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Two-Year Fixed Income Portfolio (DFCFX) (Short-Term Bond) with a 1Y correlation of 0.00, down from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | 0.00 | 0.04 | 0.39 | 64 | Short-Term Bond | MIIBX vs DFCFX | |
| Leader Short Term High Yield Bond Fund | 0.02 | 0.07 | 0.14 | 74 | Short-Term Bond | MIIBX vs LCCMX | |
| DFA Short-Duration Real Return Portfolio | 0.25 | 0.23 | 0.35 | 99 | Short-Term Bond | MIIBX vs DFAIX | |
| GuidepathConservative Income Fund | 0.29 | 0.37 | 0.42 | 99 | Short-Term Bond | MIIBX vs GPICX | |
| GuidePath Absolute Return Allocation Fund | 0.30 | 0.65 | 0.68 | 74 | Short-Term Bond | MIIBX vs GPARX |
See all 19 diversifiers for MIIBX
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