Looking to diversify beyond MMSIX? The mutual funds below have the lowest correlation with MMSIX — 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 MMSIX.
Best Diversifiers for MMSIX
0 mutual funds have low correlation with MMSIX (below 0.3), 0 of which are negatively correlated. The least correlated is Praxis International Index Fund (MPLIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.73, roughly unchanged from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Praxis International Index Fund | 0.73 | 0.69 | 0.71 | 58 | Foreign Large Cap Equities | MMSIX vs MPLIX | |
| Auer Growth Fund | 0.74 | 0.78 | 0.81 | 83 | Small Cap Blend Equities | MMSIX vs AUERX | |
| Praxis Genesis Conservative Portfolio | 0.74 | 0.67 | 0.65 | 52 | Diversified Portfolio | MMSIX vs MCONX | |
| Praxis Value Index Fund | 0.84 | 0.82 | 0.84 | 85 | Large Cap Value Equities | MMSIX vs MVIAX | |
| Voya Index Plus SmallCap Portfolio | 0.85 | 0.89 | 0.94 | 86 | Small Cap Blend Equities | MMSIX vs IPSIX |
See all 33 diversifiers for MMSIX
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