Looking to diversify beyond MXFLX? The mutual funds below have the lowest correlation with MXFLX — 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 MXFLX.
Best Diversifiers for MXFLX
0 mutual funds have low correlation with MXFLX (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 0.61, roughly unchanged from 0.62 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Great-West Emerging Markets Equity Fund | 0.61 | 0.58 | 0.62 | 88 | Emerging Markets Diversified | MXFLX vs MXEOX | |
| Great-West S&P Small Cap 600 Index Fund | 0.75 | 0.71 | 0.73 | 70 | Small Cap Blend Equities | MXFLX vs MXISX | |
| Great-West S&P Mid Cap 400 Index Fund | 0.76 | 0.73 | 0.77 | 51 | Mid Cap Blend Equities | MXFLX vs MXMDX | |
| Dimensional Retirement Income Fund | 0.79 | 0.79 | 0.74 | 77 | Target Retirement Date | MXFLX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.82 | 0.79 | 0.76 | 65 | Target Retirement Date | MXFLX vs FRQIX |
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