Looking to diversify beyond MXECX? The mutual funds below have the lowest correlation with MXECX — 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 MXECX.
Best Diversifiers for MXECX
0 mutual funds have low correlation with MXECX (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 0.41, down from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Great-West Real Estate Index Fund | 0.41 | 0.51 | 0.55 | 61 | REIT | MXECX vs MXREX | |
| Federated Hermes International Strategic Value Div... | 0.53 | 0.68 | 0.73 | 63 | Foreign Large Cap Equities | MXECX vs IVFIX | |
| American Beacon Tocqueville International Value Fu... | 0.61 | 0.64 | 0.75 | 84 | Foreign Large Cap Equities | MXECX vs TIVFX | |
| Great-West Emerging Markets Equity Fund | 0.61 | 0.66 | 0.70 | 77 | Emerging Markets Diversified | MXECX vs MXEOX | |
| Thornburg Global Opportunities Fund | 0.62 | 0.67 | 0.74 | 86 | Foreign Large Cap Equities | MXECX vs THOIX |
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