Looking to diversify beyond MSMLX? The mutual funds below have the lowest correlation with MSMLX — 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 MSMLX.
Best Diversifiers for MSMLX
0 mutual funds have low correlation with MSMLX (below 0.3), 0 of which are negatively correlated. The least correlated is Matthews China Small Companies Fund (MCSMX) (China Equities) with a 1Y correlation of 0.52, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Matthews China Small Companies Fund | 0.52 | 0.62 | 0.67 | 92 | China Equities | MSMLX vs MCSMX | |
| Delaware Emerging Markets Fund | 0.52 | 0.61 | 0.66 | 98 | Emerging Markets Diversified | MSMLX vs DEMIX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.53 | 0.68 | 0.72 | 86 | Emerging Markets Diversified | MSMLX vs ESCIX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.53 | 0.61 | 0.65 | 94 | Emerging Markets Diversified | MSMLX vs EMPTX | |
| Cullen Emerging Markets High Dividend Fund | 0.61 | 0.67 | 0.68 | 92 | Emerging Markets Diversified | MSMLX vs CEMFX |
See all 33 diversifiers for MSMLX
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