Looking to diversify beyond MRLIX? The mutual funds below have the lowest correlation with MRLIX — 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 MRLIX.
Best Diversifiers for MRLIX
0 mutual funds have low correlation with MRLIX (below 0.3), 0 of which are negatively correlated. The least correlated is AMG Yacktman Focused Fund (YAFFX) (Large Cap Value Equities) with a 1Y correlation of 0.41, down from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AMG Yacktman Focused Fund | 0.41 | 0.56 | 0.68 | 86 | Large Cap Value Equities | MRLIX vs YAFFX | |
| AMG Yacktman Fund | 0.50 | 0.62 | 0.72 | 86 | Large Cap Value Equities | MRLIX vs YACKX | |
| One Rock Fund | 0.67 | 0.73 | 0.77 | 89 | Large Cap Growth Equities | MRLIX vs ONERX | |
| Davis New York Venture Fund Class Y | 0.70 | 0.75 | 0.78 | 81 | Large Cap Growth Equities | MRLIX vs DNVYX | |
| ICON Equity Fund | 0.72 | 0.72 | 0.78 | 75 | Large Cap Growth Equities | MRLIX vs IOLZX |
See all 19 diversifiers for MRLIX
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