Looking to diversify beyond MXAYX? The mutual funds below have the lowest correlation with MXAYX — 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 MXAYX.
Best Diversifiers for MXAYX
0 mutual funds have low correlation with MXAYX (below 0.3), 0 of which are negatively correlated. The least correlated is Great-West Real Estate Index Fund (MXREX) (REIT) with a 1Y correlation of 0.40, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Great-West Real Estate Index Fund | 0.40 | 0.52 | 0.59 | 60 | REIT | MXAYX vs MXREX | |
| Great-West Emerging Markets Equity Fund | 0.66 | 0.60 | 0.64 | 70 | Emerging Markets Diversified | MXAYX vs MXEOX | |
| Great-West S&P Small Cap 600 Index Fund | 0.76 | 0.72 | 0.75 | 73 | Small Cap Blend Equities | MXAYX vs MXISX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.79 | 0.77 | 0.74 | 71 | Target Retirement Date | MXAYX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.79 | 0.76 | 0.72 | 71 | Target Retirement Date | MXAYX vs FRIMX |
See all 38 diversifiers for MXAYX
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