Looking to diversify beyond MLMIX? The mutual funds below have the lowest correlation with MLMIX — 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 MLMIX.
Best Diversifiers for MLMIX
1 mutual funds have low correlation with MLMIX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.21, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.21 | 0.35 | 0.51 | 75 | Global Equities | MLMIX vs CSUAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.43 | 0.56 | 0.68 | 85 | Global Equities | MLMIX vs RTXAX | |
| Polaris Global Value Fund | 0.47 | 0.61 | 0.71 | 91 | Global Equities | MLMIX vs PGVFX | |
| Vanguard Global Minimum Volatility Fund Investor S... | 0.51 | 0.61 | 0.70 | 69 | Global Equities | MLMIX vs VMVFX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 0.51 | 0.61 | 0.70 | 69 | Global Equities | MLMIX vs VMNVX |
See all 32 diversifiers for MLMIX
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