Looking to diversify beyond MRBIX? The mutual funds below have the lowest correlation with MRBIX — 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 MRBIX.
Best Diversifiers for MRBIX
0 mutual funds have low correlation with MRBIX (below 0.3), 0 of which are negatively correlated. The least correlated is Holbrook Income Fund Class I (HOBIX) (Intermediate Core-Plus Bond) with a 1Y correlation of 0.49, roughly unchanged from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Holbrook Income Fund Class I | 0.49 | 0.41 | 0.43 | 98 | Intermediate Core-Plus Bond | MRBIX vs HOBIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 0.55 | 0.30 | 0.22 | 94 | Intermediate Core-Plus Bond | MRBIX vs LCTRX | |
| Leader Capital High Quality Income Fund Institutio... | 0.55 | 0.28 | 0.20 | 95 | Intermediate Core-Plus Bond | MRBIX vs LCTIX | |
| Lord Abbett Short Duration Income Fund | 0.59 | 0.58 | 0.61 | 68 | Total Bond Market | MRBIX vs LLDYX | |
| GMO Multi-Sector Fixed Income Fund | 0.64 | 0.86 | 0.88 | 76 | Intermediate Core-Plus Bond | MRBIX vs GUGAX |
See all 11 diversifiers for MRBIX
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