Looking to diversify beyond MPGVX? The mutual funds below have the lowest correlation with MPGVX — 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 MPGVX.
Best Diversifiers for MPGVX
0 mutual funds have low correlation with MPGVX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.47, down from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.47 | 0.56 | 0.65 | 62 | Global Equities | MPGVX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.47 | 0.58 | 0.69 | 55 | Global Equities | MPGVX vs FGIAX | |
| T. Rowe Price Global Technology Fund I Class | 0.49 | 0.54 | 0.60 | 82 | Technology Equities, Global Equities | MPGVX vs PGTIX | |
| Oberweis Global Opportunities Fund | 0.57 | 0.64 | 0.71 | 71 | Global Equities | MPGVX vs OBEGX | |
| GMO Climate Change Fund | 0.63 | 0.67 | 0.70 | 84 | Global Equities | MPGVX vs GCCHX |
See all 25 diversifiers for MPGVX
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