Looking to diversify beyond MLTIX? The mutual funds below have the lowest correlation with MLTIX — 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 MLTIX.
Best Diversifiers for MLTIX
0 mutual funds have low correlation with MLTIX (below 0.3), 0 of which are negatively correlated. The least correlated is Voya Target Retirement 2040 Fund (IRSOX) (Target Retirement Date) with a 1Y correlation of 0.83, roughly unchanged from 0.93 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Target Retirement 2040 Fund | 0.83 | 0.90 | 0.93 | 76 | Target Retirement Date | MLTIX vs IRSOX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.84 | 0.87 | 0.92 | 76 | Target Retirement Date | MLTIX vs DRILX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.84 | 0.86 | 0.91 | 76 | Target Retirement Date | MLTIX vs DTDRX | |
| Dimensional 2055 Target Date Retirement Income Fun... | 0.85 | 0.88 | 0.92 | 75 | Target Retirement Date | MLTIX vs DRIKX | |
| Voya Target In-Retirement Fund | 0.86 | 0.91 | 0.90 | 75 | Target Retirement Date | MLTIX vs ISOLX |
See all 38 diversifiers for MLTIX
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