Looking to diversify beyond MINDX? The mutual funds below have the lowest correlation with MINDX — 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 MINDX.
Best Diversifiers for MINDX
6 mutual funds have low correlation with MINDX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity 500 Index Fund (FXAIX) (S&P 500) with a 1Y correlation of 0.23, down from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | 0.23 | 0.30 | 0.41 | 73 | S&P 500 | MINDX vs FXAIX | |
| Matthews China Small Companies Fund | 0.24 | 0.20 | 0.26 | 92 | China Equities | MINDX vs MCSMX | |
| Guinness Atkinson Asia Focus Fund | 0.26 | 0.27 | 0.34 | 74 | Asia Pacific Equities | MINDX vs IASMX | |
| Fidelity Pacific Basin Fund | 0.27 | 0.32 | 0.42 | 89 | Asia Pacific Equities | MINDX vs FPBFX | |
| Vanguard Pacific Stock Index Fund Admiral Shares | 0.27 | 0.34 | 0.42 | 82 | Asia Pacific Equities | MINDX vs VPADX |
See all 19 diversifiers for MINDX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements MINDX
Add MINDX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MINDX