Looking to diversify beyond MVCKX? The mutual funds below have the lowest correlation with MVCKX — 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 MVCKX.
Best Diversifiers for MVCKX
0 mutual funds have low correlation with MVCKX (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Developing Markets Fund Class R6 (ODVIX) (Emerging Markets Equities) with a 1Y correlation of 0.49, roughly unchanged from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Developing Markets Fund Class R6 | 0.49 | 0.52 | 0.58 | 66 | Emerging Markets Equities | MVCKX vs ODVIX | |
| iShares S&P 500 Index Fund Class K | 0.64 | 0.72 | 0.80 | 65 | S&P 500 | MVCKX vs WFSPX | |
| Fidelity 500 Index Fund | 0.64 | 0.72 | 0.80 | 63 | S&P 500 | MVCKX vs FXAIX | |
| First Eagle Global Fund Class I | 0.69 | 0.76 | 0.83 | 53 | Global Equities | MVCKX vs SGIIX | |
| Invesco Value Opportunities Fund | 0.77 | 0.83 | 0.88 | 80 | Mid Cap Value Equities | MVCKX vs VVOAX |
See all 28 diversifiers for MVCKX
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