Looking to diversify beyond MXMPX? The mutual funds below have the lowest correlation with MXMPX — 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 MXMPX.
Best Diversifiers for MXMPX
1 mutual funds have low correlation with MXMPX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.07, down from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.07 | 0.23 | 0.50 | 64 | Diversified Portfolio | MXMPX vs MHELX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.40 | 0.60 | 0.62 | 96 | Diversified Portfolio | MXMPX vs FSIRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.40 | 0.60 | 0.62 | 95 | Diversified Portfolio | MXMPX vs FCSRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.41 | 0.60 | 0.62 | 96 | Diversified Portfolio | MXMPX vs FIQDX | |
| Fidelity Strategic Real Return Fund | 0.42 | 0.61 | 0.63 | 96 | Diversified Portfolio | MXMPX vs FSRRX |
See all 24 diversifiers for MXMPX
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