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MFS Total Return Fund (MSFRX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 11, 2026

The investment seeks total return. The fund invests its assets in equity securities and debt instruments. Equity securities include common stocks and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer. Debt instruments include corporate bonds, U.S. government securities, securitized instruments, and other obligations to repay money borrowed. It generally invests approximately 60% of its assets in equity securities and approximately 40% of its assets in debt instruments.

Looking to diversify beyond MSFRX? The mutual funds below have the lowest correlation with MSFRX — 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 MSFRX.

Best Diversifiers for MSFRX

2 mutual funds have low correlation with MSFRX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.01, down from 0.47 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
MHELX
MH Elite Small Cap Fund of Funds Fund0.010.140.47
67
Diversified PortfolioMSFRX vs MHELX
SIFAX
SEI Institutional Managed Trust Multi-Asset Inflat...0.130.200.26
60
Diversified PortfolioMSFRX vs SIFAX
TNBMX
T. Rowe Price International Bond Fund (USD Hedged)0.300.340.27
58
Global BondsMSFRX vs TNBMX
EKBAX
Allspring Diversified Capital Builder Fund0.340.530.69
92
Diversified PortfolioMSFRX vs EKBAX
BLNDX
Standpoint Multi-Asset Fund Institutional0.340.440.48
80
Diversified PortfolioMSFRX vs BLNDX
See all 43 diversifiers for MSFRX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from MSFRX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MSFRX and solid risk/return profiles. The least correlated is Royce Value Trust Inc. (RVT) (Financial Services) with a 1Y correlation of 0.56, down from 0.74 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
RVT
Royce Value Trust Inc.0.560.680.74
83
Financial Services
USB
U.S. Bancorp0.610.650.68
83
Financial Services

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Diversification Analysis

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