Looking to diversify beyond MUNDX? The mutual funds below have the lowest correlation with MUNDX — 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 MUNDX.
Best Diversifiers for MUNDX
0 mutual funds have low correlation with MUNDX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.30, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.30 | 0.36 | 0.51 | 51 | Global Equities | MUNDX vs CSUAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.45 | 0.53 | 0.63 | 76 | Global Equities | MUNDX vs RTXAX | |
| Polaris Global Value Fund | 0.51 | 0.56 | 0.66 | 92 | Global Equities | MUNDX vs PGVFX | |
| New Alternatives Fund | 0.51 | 0.48 | 0.56 | 59 | Global Equities | MUNDX vs NALFX | |
| GMO Climate Change Fund | 0.54 | 0.54 | 0.62 | 87 | Global Equities | MUNDX vs GCCHX |
See all 25 diversifiers for MUNDX
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