Looking to diversify beyond MPGFX? The mutual funds below have the lowest correlation with MPGFX — 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 MPGFX.
Best Diversifiers for MPGFX
0 mutual funds have low correlation with MPGFX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.34, up from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.34 | 0.15 | 0.13 | 70 | Large Cap Blend Equities | MPGFX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.50 | 0.35 | 0.42 | 68 | Large Cap Blend Equities | MPGFX vs ORDNX | |
| Fidelity Infrastructure Fund | 0.60 | 0.56 | 0.65 | 51 | Large Cap Blend Equities | MPGFX vs FNSTX | |
| First Eagle Overseas Fund Class I | 0.62 | 0.59 | 0.64 | 51 | Large Cap Blend Equities, Foreign Large Cap Equities | MPGFX vs SGOIX | |
| Rock Oak Core Growth Fund | 0.65 | 0.73 | 0.81 | 63 | Large Cap Blend Equities | MPGFX vs RCKSX |
See all 43 diversifiers for MPGFX
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