Looking to diversify beyond MINIX? The mutual funds below have the lowest correlation with MINIX — 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 MINIX.
Best Diversifiers for MINIX
3 mutual funds have low correlation with MINIX (below 0.3), 0 of which are negatively correlated. The least correlated is MFS Commodity Strategy Fund Class R4 (MCSTX) (Commodities) with a 1Y correlation of 0.10, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MFS Commodity Strategy Fund Class R4 | 0.10 | 0.23 | 0.24 | 52 | Commodities | MINIX vs MCSTX | |
| MFS Commodity Strategy Fund | 0.11 | 0.23 | 0.24 | 51 | Commodities | MINIX vs MCSIX | |
| MFS Commodity Strategy Fund | 0.11 | 0.23 | 0.24 | 53 | Commodities | MINIX vs MCSRX | |
| MFS Pennsylvania Municipal Bond Fund | 0.30 | 0.21 | 0.19 | 80 | Municipal Bonds | MINIX vs MFPAX | |
| MFS California Municipal Bond Fund | 0.30 | 0.22 | 0.20 | 76 | Municipal Bonds | MINIX vs MCFTX |
See all 78 diversifiers for MINIX
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