Looking to diversify beyond MQLFX? The mutual funds below have the lowest correlation with MQLFX — 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 MQLFX.
Best Diversifiers for MQLFX
7 mutual funds have low correlation with MQLFX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Two-Year Fixed Income Portfolio (DFCFX) (Short-Term Bond) with a 1Y correlation of 0.00, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | 0.00 | -0.02 | 0.32 | 66 | Short-Term Bond | MQLFX vs DFCFX | |
| DFA Short-Duration Real Return Portfolio | 0.12 | 0.23 | 0.33 | 99 | Short-Term Bond | MQLFX vs DFAIX | |
| Leader Short Term High Yield Bond Fund | 0.19 | 0.17 | 0.19 | 75 | Short-Term Bond | MQLFX vs LCCMX | |
| GuidePath Absolute Return Allocation Fund | 0.22 | 0.50 | 0.55 | 74 | Short-Term Bond | MQLFX vs GPARX | |
| GuidepathConservative Income Fund | 0.27 | 0.34 | 0.38 | 99 | Short-Term Bond | MQLFX vs GPICX |
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