Looking to diversify beyond MINJX? The mutual funds below have the lowest correlation with MINJX — 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 MINJX.
Best Diversifiers for MINJX
0 mutual funds have low correlation with MINJX (below 0.3), 0 of which are negatively correlated. The least correlated is BNY Mellon Natural Resources Fund (DLDRX) (Energy Equities) with a 1Y correlation of 0.52, roughly unchanged from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BNY Mellon Natural Resources Fund | 0.52 | 0.55 | 0.50 | 59 | Energy Equities | MINJX vs DLDRX | |
| Fidelity Growth Company K6 Fund | 0.60 | 0.61 | 0.68 | 82 | Large Cap Growth Equities | MINJX vs FGKFX | |
| Kopernik International Fund | 0.63 | 0.53 | 0.59 | 54 | Foreign Large Cap Equities | MINJX vs KGIIX | |
| JPMorgan Equity Income Fund R6 | 0.64 | 0.59 | 0.64 | 77 | Large Cap Value Equities, Dividend | MINJX vs OIEJX | |
| Fidelity Emerging Markets Index Fund | 0.65 | 0.67 | 0.68 | 85 | Emerging Markets Diversified | MINJX vs FPADX |
See all 34 diversifiers for MINJX
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