Looking to diversify beyond MITTX? The mutual funds below have historically moved differently from MITTX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MITTX
22 mutual funds have low correlation with MITTX (below 0.3), 0 of which are negatively correlated. The least correlated is MFS Commodity Strategy Fund (MCSIX) (Commodities) with a 1Y correlation of 0.00, down from 0.14 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MFS Commodity Strategy Fund | 0.00 | 0.08 | 0.14 | 73 | Commodities | MITTX vs MCSIX | |
| MFS Commodity Strategy Fund | 0.00 | 0.07 | 0.14 | 69 | Commodities | MITTX vs MCSFX | |
| MFS Commodity Strategy Fund Class R4 | 0.00 | 0.08 | 0.14 | 71 | Commodities | MITTX vs MCSTX | |
| MFS Commodity Strategy Fund | 0.02 | 0.09 | 0.15 | 70 | Commodities | MITTX vs MCSRX | |
| MFS Municipal High Income Fund | 0.15 | 0.14 | 0.12 | 90 | High Yield Muni | MITTX vs MMHYX |
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