Looking to diversify beyond MUROX? The mutual funds below have the lowest correlation with MUROX — 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 MUROX.
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 0.68, roughly unchanged from 0.64 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.68 | 0.73 | 0.64 | 77 | Target Retirement Date | MUROX vs TDIFX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.73 | 0.68 | 0.60 | 65 | Target Retirement Date | MUROX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.73 | 0.70 | 0.62 | 65 | Target Retirement Date | MUROX vs FRQIX | |
| Fidelity Managed Retirement Income Fund | 0.73 | 0.69 | 0.60 | 66 | Target Retirement Date | MUROX vs FIRMX | |
| Fidelity Managed Retirement 2010 Fund Class K | 0.73 | 0.69 | 0.62 | 69 | Target Retirement Date | MUROX vs FRQKX |
See all 66 diversifiers for MUROX
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