Looking to diversify beyond MUC? The mutual funds below have the lowest correlation with MUC — 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 MUC.
Best Diversifiers for MUC
25 mutual funds have low correlation with MUC (below 0.3), 1 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of -0.06, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.06 | 0.12 | 0.16 | 95 | Municipal Bonds | MUC vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.01 | 0.12 | 0.15 | 94 | Municipal Bonds | MUC vs DMREX | |
| abrdn Ultra Short Municipal Income Fund | 0.03 | 0.08 | 0.11 | 99 | Municipal Bonds | MUC vs ATOIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.05 | -0.10 | -0.17 | 60 | Systematic Trend | MUC vs ASFYX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 0.10 | 0.09 | 0.09 | 99 | Municipal Bonds | MUC vs TFCYX |
See all 315 diversifiers for MUC
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