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Gabelli Media Mogul Fund (MOGLX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 11, 2026

Under normal market conditions, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in the media industry. The current investable universe includes U.S. and non-U.S. listed companies in all capitalization ranges in the media industry. The Adviser will weight these securities utilizing factors including, but not limited to the attractiveness of a security's valuation and the potential for a catalyst or event that might surface underlying value in a particular security. It is non-diversified.

Looking to diversify beyond MOGLX? The mutual funds below have the lowest correlation with MOGLX — 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 MOGLX.

Best Diversifiers for MOGLX

0 mutual funds have low correlation with MOGLX (below 0.3), 0 of which are negatively correlated. The least correlated is Rydex Telecommunications Fund (RYMIX) (Communications Equities) with a 1Y correlation of 0.37, down from 0.74 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
RYMIX
Rydex Telecommunications Fund0.370.630.74
83
Communications EquitiesMOGLX vs RYMIX
GABTX
Gabelli Global Content & Connectivity Fund0.370.580.69
69
Communications EquitiesMOGLX vs GABTX
EMAYX
Gabelli Enterprise Mergers and Acquisitions Fund0.620.720.79
76
Event DrivenMOGLX vs EMAYX
GABVX
Gabelli Value 25 Fund0.670.760.83
71
Mid Cap Blend EquitiesMOGLX vs GABVX

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Diversification Analysis

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