Looking to diversify beyond MRGAX? The mutual funds below have the lowest correlation with MRGAX — 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 MRGAX.
Best Diversifiers for MRGAX
0 mutual funds have low correlation with MRGAX (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 0.35, 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 | 0.35 | 0.16 | 0.13 | 96 | Large Cap Blend Equities | MRGAX vs SVPFX | |
| Vanguard Health Care Fund Investor Shares | 0.38 | 0.52 | 0.63 | 62 | Health & Biotech Equities | MRGAX vs VGHCX | |
| North Square Preferred and Income Securities Fund | 0.51 | 0.36 | 0.42 | 69 | Large Cap Blend Equities | MRGAX vs ORDNX | |
| MFS Value Fund Class I | 0.61 | 0.71 | 0.81 | 52 | Large Cap Value Equities | MRGAX vs MEIIX | |
| MFS Value Fund | 0.61 | 0.71 | 0.81 | 53 | Large Cap Value Equities | MRGAX vs MEIKX |
See all 43 diversifiers for MRGAX
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