Looking to diversify beyond MXECX? The mutual funds below have historically moved differently from MXECX, 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 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 0.39, down from 0.55 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 | 0.39 | 0.51 | 0.55 | 80 | REIT | MXECX vs MXREX | |
| Pear Tree Polaris Foreign Value Fund | 0.45 | 0.58 | 0.66 | 91 | Foreign Large Cap Equities | MXECX vs QFVOX | |
| Federated Hermes International Strategic Value Div... | 0.50 | 0.67 | 0.73 | 88 | Foreign Large Cap Equities | MXECX vs IVFIX | |
| Kopernik International Fund | 0.56 | 0.44 | 0.56 | 62 | Foreign Large Cap Equities | MXECX vs KGIIX | |
| PIMCO RAE PLUS International Fund | 0.60 | 0.62 | 0.66 | 95 | Foreign Large Cap Equities | MXECX vs PTSIX |
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