Looking to diversify beyond MKVIX? The mutual funds below have the lowest correlation with MKVIX — 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 MKVIX.
Best Diversifiers for MKVIX
0 mutual funds have low correlation with MKVIX (below 0.3), 0 of which are negatively correlated. The least correlated is Kopernik International Fund (KGIIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.57, roughly unchanged from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Kopernik International Fund | 0.57 | 0.51 | 0.61 | 81 | Foreign Large Cap Equities | MKVIX vs KGIIX | |
| American Beacon Tocqueville International Value Fu... | 0.62 | 0.67 | 0.78 | 93 | Foreign Large Cap Equities | MKVIX vs TIVFX | |
| EuroPac International Dividend Income Fund Class A | 0.65 | 0.73 | 0.77 | 87 | Foreign Large Cap Equities, Dividend | MKVIX vs EPDPX | |
| EuroPac International Dividend Income Fund | 0.65 | 0.73 | 0.77 | 87 | Foreign Large Cap Equities | MKVIX vs EPDIX | |
| Thornburg Global Opportunities Fund | 0.67 | 0.75 | 0.80 | 94 | Foreign Large Cap Equities | MKVIX vs THOIX |
See all 18 diversifiers for MKVIX
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