Looking to diversify beyond MLVHX? The mutual funds below have the lowest correlation with MLVHX — 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 MLVHX.
Best Diversifiers for MLVHX
1 mutual funds have low correlation with MLVHX (below 0.3), 0 of which are negatively correlated. The least correlated is North Square Preferred and Income Securities Fund (ORDNX) (Large Cap Blend Equities) with a 1Y correlation of 0.28, roughly unchanged from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| North Square Preferred and Income Securities Fund | 0.28 | 0.28 | 0.37 | 72 | Large Cap Blend Equities | MLVHX vs ORDNX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.32 | 0.11 | 0.13 | 73 | Large Cap Blend Equities | MLVHX vs SVPFX | |
| CIT: BlackRock Equity Index Fund Class 1 | 0.48 | — | — | 84 | Large Cap Blend Equities | MLVHX vs WBREOX | |
| Permanent Portfolio Aggressive Growth Fund Class A | 0.48 | 0.53 | 0.64 | 80 | Large Cap Blend Equities | MLVHX vs PAGDX | |
| Permanent Portfolio Aggressive Growth Portfolio | 0.51 | 0.54 | 0.64 | 81 | Large Cap Blend Equities | MLVHX vs PAGRX |
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