Looking to diversify beyond MNNAX? The mutual funds below have the lowest correlation with MNNAX — 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 MNNAX.
Best Diversifiers for MNNAX
2 mutual funds have low correlation with MNNAX (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 0.06 | — | — | 100 | Nontraditional Bonds | MNNAX vs CBYYX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.24 | 0.10 | 0.09 | 73 | Large Cap Blend Equities | MNNAX vs SVPFX | |
| Victory Global Energy Transition Fund | 0.38 | 0.47 | 0.54 | 97 | Energy Equities | MNNAX vs RSNRX | |
| North Square Preferred and Income Securities Fund | 0.47 | 0.32 | 0.42 | 72 | Large Cap Blend Equities | MNNAX vs ORDNX | |
| USAA High Income Fund | 0.59 | 0.49 | 0.53 | 79 | High Yield Bonds | MNNAX vs USHYX |
See all 38 diversifiers for MNNAX
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