Looking to diversify beyond MLXIX? The mutual funds below have the lowest correlation with MLXIX — 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 MLXIX.
Best Diversifiers for MLXIX
21 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 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Catalyst Insider Income Fund | -0.23 | 0.13 | 0.24 | 81 | Short-Term Bond | MLXIX vs IIXIX | |
| Catalyst Buffered Shield Fund | -0.13 | 0.23 | 0.36 | 84 | Options Trading | MLXIX vs SHIIX | |
| Calvert Global Energy Solutions Fund Class A | -0.06 | 0.27 | 0.41 | 81 | Energy Equities | MLXIX vs CGAEX | |
| Catalyst Dynamic Alpha Fund | -0.06 | 0.27 | 0.44 | 58 | Large Cap Growth Equities | MLXIX vs CPEAX | |
| Catalyst/SMH High Income Fund | -0.06 | 0.19 | 0.27 | 83 | High Yield Bonds | MLXIX vs HIIFX |
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