Looking to diversify beyond MUOIX? The mutual funds below have the lowest correlation with MUOIX — 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 MUOIX.
Best Diversifiers for MUOIX
3 mutual funds have low correlation with MUOIX (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 0.22, up from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.22 | 0.11 | 0.10 | 73 | Large Cap Blend Equities | MUOIX vs SVPFX | |
| Federated Hermes MDT All Cap Core Fund Class R6 | 0.29 | 0.59 | 0.78 | 56 | Large Cap Blend Equities | MUOIX vs QKACX | |
| Federated Hermes MDT All Cap Core Fund | 0.30 | 0.59 | 0.78 | 56 | Large Cap Blend Equities | MUOIX vs QIACX | |
| North Square Preferred and Income Securities Fund | 0.41 | 0.30 | 0.40 | 72 | Large Cap Blend Equities | MUOIX vs ORDNX | |
| First Eagle Overseas Fund Class I | 0.51 | 0.52 | 0.61 | 57 | Large Cap Blend Equities, Foreign Large Cap Equities | MUOIX vs SGOIX |
See all 40 diversifiers for MUOIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements MUOIX
Add MUOIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MUOIX