Looking to diversify beyond MXEOX? The mutual funds below have the lowest correlation with MXEOX — 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 MXEOX.
Best Diversifiers for MXEOX
1 mutual funds have low correlation with MXEOX (below 0.3), 0 of which are negatively correlated. The least correlated is Great-West Short Duration Bond Fund (MXSDX) (Short-Term Bond) with a 1Y correlation of 0.19, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Great-West Short Duration Bond Fund | 0.19 | 0.14 | 0.16 | 89 | Short-Term Bond | MXEOX vs MXSDX | |
| Great-West Small Cap Value Fund | 0.40 | 0.47 | 0.53 | 55 | Small Cap Value Equities | MXEOX vs MXLSX | |
| Great-West Large Cap Value Fund | 0.46 | 0.50 | 0.55 | 83 | Large Cap Value Equities | MXEOX vs MXEQX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.47 | 0.61 | 0.67 | 87 | Emerging Markets Diversified | MXEOX vs ESCIX | |
| Great-West S&P Small Cap 600 Index Fund | 0.48 | 0.51 | 0.55 | 70 | Small Cap Blend Equities | MXEOX vs MXISX |
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