Looking to diversify beyond MUHLX? The mutual funds below have the lowest correlation with MUHLX — 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 MUHLX.
Best Diversifiers for MUHLX
0 mutual funds have low correlation with MUHLX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.32, up from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.32 | 0.15 | 0.09 | 72 | Large Cap Blend Equities | MUHLX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.39 | 0.30 | 0.38 | 69 | Large Cap Blend Equities | MUHLX vs ORDNX | |
| State Street S&P 500 Index Fund Class N | 0.47 | 0.60 | 0.68 | 83 | Large Cap Blend Equities | MUHLX vs SVSPX | |
| Strategic Advisers U.S. Total Stock Fund | 0.50 | — | — | 60 | Large Cap Blend Equities | MUHLX vs FSAKX | |
| Federated Hermes Max Cap Index Fund | 0.51 | 0.63 | 0.70 | 77 | Large Cap Blend Equities | MUHLX vs FISPX |
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