Looking to diversify beyond MOSAX? The mutual funds below have the lowest correlation with MOSAX — 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 MOSAX.
Best Diversifiers for MOSAX
0 mutual funds have low correlation with MOSAX (below 0.3), 0 of which are negatively correlated. The least correlated is MassMutual Short Duration Bond Fund (MSTDX) (Short-Term Bond) with a 1Y correlation of 0.37, up from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MassMutual Short Duration Bond Fund | 0.37 | 0.27 | 0.26 | 88 | Short-Term Bond | MOSAX vs MSTDX | |
| MassMutual Diversified Bond Fund | 0.41 | 0.34 | 0.27 | 83 | Intermediate Core-Plus Bond | MOSAX vs MDVAX | |
| Kopernik International Fund | 0.56 | 0.48 | 0.59 | 54 | Foreign Large Cap Equities | MOSAX vs KGIIX | |
| MassMutual High Yield Fund | 0.58 | 0.55 | 0.56 | 80 | High Yield Bonds | MOSAX vs DLHYX | |
| American Beacon Tocqueville International Value Fu... | 0.59 | 0.65 | 0.77 | 93 | Foreign Large Cap Equities | MOSAX vs TIVFX |
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