Looking to diversify beyond MMEYX? The mutual funds below have the lowest correlation with MMEYX — 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 MMEYX.
Best Diversifiers for MMEYX
2 mutual funds have low correlation with MMEYX (below 0.3), 0 of which are negatively correlated. The least correlated is Victory Pioneer Cat Bond Fund Class Y (CBYYX) (Nontraditional Bonds) with a 1Y correlation of 0.00, roughly unchanged from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 0.00 | 0.00 | 0.00 | 100 | Nontraditional Bonds | MMEYX vs CBYYX | |
| Federated Hermes Clover Small Value Fund | 0.26 | 0.60 | 0.76 | 54 | Small Cap Value Equities | MMEYX vs VSFAX | |
| Victory Global Energy Transition Fund | 0.39 | 0.54 | 0.59 | 96 | Energy Equities | MMEYX vs RSNRX | |
| Aegis Value Fund | 0.44 | 0.51 | 0.57 | 89 | Small Cap Value Equities | MMEYX vs AVALX | |
| USAA High Income Fund | 0.51 | 0.52 | 0.51 | 77 | High Yield Bonds | MMEYX vs USHYX |
See all 90 diversifiers for MMEYX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements MMEYX
Add MMEYX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MMEYX