Looking to diversify beyond MXFDX? The mutual funds below have the lowest correlation with MXFDX — 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 MXFDX.
Best Diversifiers for MXFDX
1 mutual funds have low correlation with MXFDX (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 0.23, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Great-West Emerging Markets Equity Fund | 0.23 | 0.19 | 0.13 | 88 | Emerging Markets Diversified | MXFDX vs MXEOX | |
| Great-West S&P Mid Cap 400 Index Fund | 0.34 | 0.27 | 0.17 | 51 | Mid Cap Blend Equities | MXFDX vs MXMDX | |
| Great-West S&P Small Cap 600 Index Fund | 0.35 | 0.28 | 0.17 | 70 | Small Cap Blend Equities | MXFDX vs MXISX | |
| Great-West S&P 500 Index Fund | 0.36 | 0.25 | 0.18 | 68 | Large Cap Blend Equities | MXFDX vs MXVIX | |
| Great-West Conservative Profile Fund | 0.56 | 0.51 | 0.42 | 53 | Diversified Portfolio | MXFDX vs MXCPX |
See all 8 diversifiers for MXFDX
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