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 Emerald Insights Fund (EFCNX) (Large Cap Growth Equities) with a 1Y correlation of 0.31, down from 0.79 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Emerald Insights Fund | 0.31 | 0.70 | 0.79 | 98 | Large Cap Growth Equities | MRLIX vs EFCNX | |
| One Rock Fund | 0.69 | 0.74 | 0.77 | 87 | Large Cap Growth Equities | MRLIX vs ONERX | |
| ICON Equity Fund | 0.71 | 0.70 | 0.77 | 70 | Large Cap Growth Equities | MRLIX vs IOLZX | |
| Fidelity OTC Portfolio | 0.75 | 0.80 | 0.86 | 92 | Large Cap Growth Equities | MRLIX vs FOCPX | |
| Fidelity OTC Portfolio Class K | 0.76 | 0.80 | 0.86 | 93 | Large Cap Growth Equities | MRLIX vs FOCKX |
See all 14 diversifiers for MRLIX
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