Looking to diversify beyond MXEGX? The mutual funds below have the lowest correlation with MXEGX — 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 MXEGX.
Best Diversifiers for MXEGX
6 mutual funds have low correlation with MXEGX (below 0.3), 0 of which are negatively correlated. The least correlated is SEI Multi-Asset Real Return Fund Class A (SEIAX) (Inflation-Protected Bonds) with a 1Y correlation of 0.08, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Multi-Asset Real Return Fund Class A | 0.08 | 0.26 | 0.34 | 67 | Inflation-Protected Bonds | MXEGX vs SEIAX | |
| Great-West S&P Small Cap 600 Index Fund | 0.13 | 0.18 | 0.15 | 72 | Small Cap Blend Equities | MXEGX vs MXISX | |
| Great-West Emerging Markets Equity Fund | 0.16 | 0.13 | 0.11 | 77 | Emerging Markets Diversified | MXEGX vs MXEOX | |
| Great-West S&P 500 Index Fund | 0.18 | 0.18 | 0.17 | 65 | Large Cap Blend Equities | MXEGX vs MXVIX | |
| Allspring Real Return Fund | 0.21 | 0.40 | 0.56 | 82 | Inflation-Protected Bonds | MXEGX vs IPBAX |
See all 15 diversifiers for MXEGX
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