Looking to diversify beyond MXEDX? The mutual funds below have historically moved differently from MXEDX, 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 MXEDX
1 mutual funds have low correlation with MXEDX (below 0.3), 0 of which are negatively correlated. The least correlated is Great-West Emerging Markets Equity Fund (MXEOX) (Emerging Markets Equities) with a 1Y correlation of 0.26, roughly unchanged from 0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Great-West Emerging Markets Equity Fund | 0.26 | 0.20 | 0.19 | 58 | Emerging Markets Equities | MXEDX vs MXEOX | |
| Great-West Real Estate Index Fund | 0.36 | 0.40 | 0.34 | 79 | REIT | MXEDX vs MXREX | |
| Holbrook Income Fund Class I | 0.38 | 0.31 | 0.38 | 99 | Intermediate Core-Plus Bond | MXEDX vs HOBIX | |
| Great-West S&P 500 Index Fund | 0.40 | 0.28 | 0.26 | 60 | Large Cap Blend Equities | MXEDX vs MXVIX | |
| Great-West S&P Small Cap 600 Index Fund | 0.41 | 0.32 | 0.26 | 83 | Small Cap Blend Equities | MXEDX vs MXISX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements MXEDX
Add MXEDX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MXEDX