Looking to diversify beyond MXBGX? The mutual funds below have the lowest correlation with MXBGX — 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 MXBGX.
Best Diversifiers for MXBGX
0 mutual funds have low correlation with MXBGX (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 0.38, down from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Great-West Real Estate Index Fund | 0.38 | 0.51 | 0.58 | 63 | REIT | MXBGX vs MXREX | |
| Great-West Emerging Markets Equity Fund | 0.66 | 0.61 | 0.65 | 77 | Emerging Markets Diversified | MXBGX vs MXEOX | |
| Great-West S&P Small Cap 600 Index Fund | 0.76 | 0.73 | 0.76 | 72 | Small Cap Blend Equities | MXBGX vs MXISX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.77 | 0.73 | 0.70 | 70 | Target Retirement Date | MXBGX vs FRQIX | |
| Fidelity Managed Retirement 2010 Fund | 0.77 | 0.73 | 0.71 | 82 | Target Retirement Date | MXBGX vs FIRQX |
See all 37 diversifiers for MXBGX
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