Looking to diversify beyond MLXIX? The mutual funds below have historically moved differently from MLXIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MLXIX
24 mutual funds have low correlation with MLXIX (below 0.3), 6 of which are negatively correlated. The least correlated is Catalyst Insider Income Fund (IIXIX) (Short-Term Bond) with a 1Y correlation of -0.23, down from 0.23 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Catalyst Insider Income Fund | -0.23 | 0.10 | 0.23 | 91 | Short-Term Bond | MLXIX vs IIXIX | |
| Catalyst Buffered Shield Fund | -0.22 | 0.19 | 0.33 | 77 | Options Trading | MLXIX vs SHIIX | |
| Catalyst/SMH High Income Fund | -0.14 | 0.17 | 0.25 | 74 | High Yield Bonds | MLXIX vs HIIFX | |
| Catalyst/CIFC Floating Rate Income Fund | -0.12 | 0.08 | 0.16 | 70 | Bank Loan | MLXIX vs CFRIX | |
| Catalyst/MAP Global Equity Fund | -0.02 | 0.30 | 0.48 | 65 | Global Equities | MLXIX vs CAXAX |
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