Looking to diversify beyond MMNIX? The mutual funds below have the lowest correlation with MMNIX — 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 MMNIX.
Best Diversifiers for MMNIX
10 mutual funds have low correlation with MMNIX (below 0.3), 8 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Adams Diversified Equity Fund, Inc. | -0.22 | — | — | 67 | Large Cap Blend Equities | MMNIX vs ADX | |
| Aegis Value Fund | -0.19 | — | — | 87 | Small Cap Value Equities | MMNIX vs AVALX | |
| John Hancock Disciplined Value Global Long/Short F... | -0.19 | — | — | 80 | Long-Short | MMNIX vs JAKRX | |
| BlackRock Global Equity Market Neutral Fund | -0.17 | — | — | 95 | Equity Market Neutral | MMNIX vs BDMAX | |
| Boston Partners Long/Short Equity Fund | -0.14 | — | — | 94 | Long-Short | MMNIX vs BPLEX |
See all 10 diversifiers for MMNIX
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