MIN vs MMT: Correlation
Aberdeen Intermediate Income Fund (MIN) and Aberdeen Multi-Market Income Fund (MMT) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MIN and MMT?
On 3 years of weekly data the MIN/MMT correlation comes out at 0.52, moderate. The past 12 months show a weaker link (0.32) than the 3-year average (0.52). The 5-year figure is 0.45, and annualized covariance runs at 36.1 %².
By 3-year correlation, MMT places #4 of the 10 assets tracked against MIN. Twelve-month performance is nearly a tie, at -0.2% for MIN and +3.2% for MMT.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
MIN vs MMT: side by side
| MIN (Aberdeen Intermediate Income Fund) | MMT (Aberdeen Multi-Market Income Fund) | |
|---|---|---|
| 1-year return | -0.2% | +3.2% |
| 5-year return | +4.5% | +5.0% |
| Volatility (ann.) | 8.2% | 8.4% |
| Beta vs S&P 500 | 0.15 | 0.27 |
| Max drawdown (3Y) | -7.1% | -7.1% |
| Market cap | – | $0.2B |
| P/E (trailing) | 24.5 | 11.7 |
| Dividend yield | 9.43% | 9.03% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MIN | MMT |
|---|---|---|
| 2022 | -15.7% | -23.0% |
| 2023 | +6.3% | +10.1% |
| 2024 | +8.6% | +12.5% |
| 2025 | +7.2% | +8.1% |
| 2026 | -0.2% | +1.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MIN and MMT good diversifiers for each other?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between MIN and MMT?
The MIN/MMT correlation stands at 0.52 on a 3-year window (1 year: 0.32, 5 years: 0.45), computed from weekly returns as of 2026-08-27.
Is MMT a good diversifier for MIN?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/min-vs-mmt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/min-vs-mmt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MIN correlations · MMT correlations
