Looking to diversify beyond MXEQX? The mutual funds below have the lowest correlation with MXEQX — 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 MXEQX.
Best Diversifiers for MXEQX
0 mutual funds have low correlation with MXEQX (below 0.3), 0 of which are negatively correlated. The least correlated is Great-West Emerging Markets Equity Fund (MXEOX) (Emerging Markets Diversified) with a 1Y correlation of 0.46, roughly unchanged from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Great-West Emerging Markets Equity Fund | 0.46 | 0.50 | 0.55 | 79 | Emerging Markets Diversified | MXEQX vs MXEOX | |
| Federated Hermes Strategic Value Dividend Fund | 0.52 | 0.70 | 0.75 | 82 | Large Cap Value Equities | MXEQX vs SVAIX | |
| Buffalo Flexible Income Fund | 0.56 | 0.67 | 0.76 | 52 | Large Cap Value Equities | MXEQX vs BUFBX | |
| Hennessy Cornerstone Value Fund | 0.67 | 0.74 | 0.80 | 85 | Large Cap Value Equities | MXEQX vs HFCVX | |
| Fidelity 500 Index Fund | 0.68 | 0.67 | 0.75 | 52 | S&P 500 | MXEQX vs FXAIX |
See all 33 diversifiers for MXEQX
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