Looking to diversify beyond MRSAX? The mutual funds below have the lowest correlation with MRSAX — 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 MRSAX.
Best Diversifiers for MRSAX
0 mutual funds have low correlation with MRSAX (below 0.3), 0 of which are negatively correlated. The least correlated is Kopernik International Fund (KGIIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.59, roughly unchanged from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Kopernik International Fund | 0.59 | 0.50 | 0.61 | 82 | Foreign Large Cap Equities | MRSAX vs KGIIX | |
| EuroPac International Dividend Income Fund | 0.64 | 0.68 | 0.72 | 89 | Foreign Large Cap Equities | MRSAX vs EPDIX | |
| EuroPac International Dividend Income Fund Class A | 0.65 | 0.69 | 0.72 | 88 | Foreign Large Cap Equities, Dividend | MRSAX vs EPDPX | |
| American Beacon Tocqueville International Value Fu... | 0.66 | 0.71 | 0.81 | 93 | Foreign Large Cap Equities | MRSAX vs TIVFX | |
| Thornburg Global Opportunities Fund | 0.67 | 0.76 | 0.79 | 94 | Foreign Large Cap Equities | MRSAX vs THOIX |
See all 17 diversifiers for MRSAX
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