Looking to diversify beyond MXEBX? The mutual funds below have historically moved differently from MXEBX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MXEBX
0 mutual funds have low correlation with MXEBX (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 0.31, down from 0.62 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Great-West Real Estate Index Fund | 0.31 | 0.53 | 0.62 | 69 | REIT | MXEBX vs MXREX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.31 | 0.22 | 0.16 | 95 | Large Cap Blend Equities | MXEBX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.53 | 0.39 | 0.43 | 57 | Preferred Stock | MXEBX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.61 | 0.69 | 0.77 | 92 | Large Cap Blend Equities | MXEBX vs RCKSX | |
| Fidelity SAI U.S. Low Volatility Index Fund | 0.62 | 0.69 | 0.76 | 56 | Low Volatility | MXEBX vs FSUVX |
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