Looking to diversify beyond MONTX? The mutual funds below have historically moved differently from MONTX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MONTX
0 mutual funds have low correlation with MONTX (below 0.3), 0 of which are negatively correlated. The least correlated is Davis New York Venture Fund Class Y (DNVYX) (Large Cap Growth Equities) with a 1Y correlation of 0.67, down from 0.79 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Davis New York Venture Fund Class Y | 0.67 | 0.71 | 0.79 | 90 | Large Cap Growth Equities | MONTX vs DNVYX | |
| ICON Equity Fund | 0.72 | 0.65 | 0.75 | 80 | Large Cap Growth Equities | MONTX vs IOLZX | |
| Vanguard PRIMECAP Fund Investor Shares | 0.84 | 0.83 | 0.88 | 90 | Large Cap Growth Equities | MONTX vs VPMCX | |
| PRIMECAP Odyssey Growth Fund | 0.84 | 0.83 | 0.88 | 89 | Large Cap Blend Equities | MONTX vs POGRX | |
| Vanguard Capital Opportunity Fund Admiral Shares | 0.85 | 0.83 | 0.88 | 84 | Large Cap Growth Equities | MONTX vs VHCAX |
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