Looking to diversify beyond MVIAX? The mutual funds below have the lowest correlation with MVIAX — 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 MVIAX.
Best Diversifiers for MVIAX
0 mutual funds have low correlation with MVIAX (below 0.3), 0 of which are negatively correlated. The least correlated is Rational Equity Armor Fund (HDCTX) (Large Cap Value Equities) with a 1Y correlation of 0.53, down from 0.72 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Rational Equity Armor Fund | 0.53 | 0.61 | 0.72 | 55 | Large Cap Value Equities | MVIAX vs HDCTX | |
| Federated Hermes Strategic Value Dividend Fund | 0.56 | 0.64 | 0.74 | 78 | Large Cap Value Equities | MVIAX vs SVAIX | |
| Praxis International Index Fund | 0.65 | 0.65 | 0.71 | 58 | Foreign Large Cap Equities | MVIAX vs MPLIX | |
| Praxis Genesis Conservative Portfolio | 0.68 | 0.66 | 0.67 | 52 | Diversified Portfolio | MVIAX vs MCONX | |
| Vanguard International High Dividend Yield Index F... | 0.69 | 0.67 | 0.73 | 80 | Large Cap Value Equities, Dividend, Foreign Large Cap Equities | MVIAX vs VIHAX |
See all 32 diversifiers for MVIAX
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