Looking to diversify beyond MITTX? The mutual funds below have the lowest correlation with MITTX — 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 MITTX.
Best Diversifiers for MITTX
21 mutual funds have low correlation with MITTX (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 0.02, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MFS Commodity Strategy Fund Class R4 | 0.02 | 0.10 | 0.16 | 55 | Commodities | MITTX vs MCSTX | |
| MFS Commodity Strategy Fund | 0.02 | 0.10 | 0.15 | 54 | Commodities | MITTX vs MCSIX | |
| MFS Commodity Strategy Fund | 0.02 | 0.10 | 0.15 | 55 | Commodities | MITTX vs MCSRX | |
| MFS Municipal High Income Fund | 0.14 | 0.15 | 0.11 | 86 | High Yield Muni | MITTX vs MMHYX | |
| MFS Municipal Intermediate Fund | 0.16 | 0.13 | 0.10 | 71 | Municipal Bonds | MITTX vs MIUIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements MITTX
Add MITTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MITTX