Looking to diversify beyond MXE? The mutual funds below have the lowest correlation with MXE — 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 MXE.
Best Diversifiers for MXE
0 mutual funds have low correlation with MXE (below 0.3), 0 of which are negatively correlated. The least correlated is The Mexico Fund (MXF) (Latin America Equities) with a 1Y correlation of 0.57, down from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| The Mexico Fund | 0.57 | 0.73 | 0.75 | 55 | Latin America Equities | MXE vs MXF |
Diversification Analysis
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