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
7 mutual funds have low correlation with MINIX (below 0.3), 0 of which are negatively correlated. The least correlated is MFS Pennsylvania Municipal Bond Fund (MFPAX) (Municipal Bonds) with a 1Y correlation of 0.28, up from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MFS Pennsylvania Municipal Bond Fund | 0.28 | 0.20 | 0.18 | 72 | Municipal Bonds | MINIX vs MFPAX | |
| MFS Municipal High Income Fund | 0.29 | 0.21 | 0.19 | 74 | High Yield Muni | MINIX vs MMHYX | |
| MFS Mississippi Municipal Bond Fund | 0.29 | 0.21 | 0.20 | 69 | Municipal Bonds | MINIX vs MISSX | |
| MFS Municipal Intermediate Fund | 0.29 | 0.19 | 0.17 | 68 | Municipal Bonds | MINIX vs MIUIX | |
| MFS New York Municipal Bond Fund | 0.29 | 0.20 | 0.18 | 67 | Municipal Bonds | MINIX vs MSNYX |
See all 76 diversifiers for MINIX
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