Looking to diversify beyond MUROX? The mutual funds below have historically moved differently from MUROX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MUROX
0 mutual funds have low correlation with MUROX (below 0.3), 0 of which are negatively correlated. The least correlated is Dimensional Retirement Income Fund (TDIFX) (Target Retirement Date) with a 1Y correlation of 0.69, roughly unchanged from 0.65 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.69 | 0.73 | 0.65 | 81 | Target Retirement Date | MUROX vs TDIFX | |
| Prudential Day One Income Fund | 0.75 | 0.76 | 0.71 | 85 | Target Retirement Date | MUROX vs PDAHX | |
| Fidelity Freedom Index Income Fund Institutional P... | 0.75 | 0.69 | 0.60 | 70 | Target Retirement Date | MUROX vs FFGZX | |
| Mutual of America Small Cap Value Fund | 0.75 | 0.78 | 0.83 | 66 | Small Cap Value Equities | MUROX vs MAVKX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 0.76 | 0.69 | 0.60 | 73 | Target Retirement Date | MUROX vs FIKFX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements MUROX
Add MUROX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MUROX