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 Fidelity 500 Index Fund (FXAIX) (S&P 500) with a 1Y correlation of 0.67, down from 0.81 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | 0.67 | 0.72 | 0.81 | 75 | S&P 500 | MVCKX vs FXAIX | |
| Invesco Value Opportunities Fund | 0.79 | 0.84 | 0.89 | 80 | Mid Cap Value Equities | MVCKX vs VVOAX | |
| Invesco Value Opportunities Fund Class Y | 0.79 | 0.84 | 0.89 | 81 | Mid Cap Value Equities | MVCKX vs VVOIX | |
| Invesco V.I. American Value Fund | 0.80 | 0.84 | 0.89 | 80 | Mid Cap Value Equities | MVCKX vs UMCVX | |
| Hotchkis & Wiley Mid-Cap Value Fund | 0.80 | 0.86 | 0.89 | 62 | Mid Cap Value Equities | MVCKX vs HWMIX |
See all 21 diversifiers for MVCKX
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