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 Real Estate Index Fund (MXREX) (REIT) with a 1Y correlation of 0.41, down from 0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Great-West Real Estate Index Fund | 0.41 | 0.54 | 0.60 | 63 | REIT | MXFLX vs MXREX | |
| Great-West Emerging Markets Equity Fund | 0.63 | 0.58 | 0.62 | 77 | Emerging Markets Diversified | MXFLX vs MXEOX | |
| Great-West S&P Small Cap 600 Index Fund | 0.76 | 0.71 | 0.73 | 72 | Small Cap Blend Equities | MXFLX vs MXISX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.81 | 0.78 | 0.76 | 70 | Target Retirement Date | MXFLX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.81 | 0.77 | 0.74 | 70 | Target Retirement Date | MXFLX vs FRIMX |
See all 45 diversifiers for MXFLX
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