Looking to diversify beyond MLLIX? The mutual funds below have the lowest correlation with MLLIX — 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 MLLIX.
Best Diversifiers for MLLIX
0 mutual funds have low correlation with MLLIX (below 0.3), 0 of which are negatively correlated. The least correlated is Voya Target Retirement 2050 Fund (IRSQX) (Target Retirement Date) with a 1Y correlation of 0.71, roughly unchanged from 0.78 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Target Retirement 2050 Fund | 0.71 | 0.76 | 0.78 | 78 | Target Retirement Date | MLLIX vs IRSQX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.71 | 0.74 | 0.77 | 81 | Target Retirement Date | MLLIX vs DTDRX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.72 | 0.74 | 0.77 | 81 | Target Retirement Date | MLLIX vs DRILX | |
| Dimensional 2055 Target Date Retirement Income Fun... | 0.72 | 0.75 | 0.78 | 80 | Target Retirement Date | MLLIX vs DRIKX | |
| Voya Target Retirement 2040 Fund | 0.73 | 0.79 | 0.80 | 80 | Target Retirement Date | MLLIX vs IRSOX |
See all 49 diversifiers for MLLIX
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Diversification Analysis
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