Looking to diversify beyond MXGBX? The mutual funds below have the lowest correlation with MXGBX — 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 MXGBX.
Best Diversifiers for MXGBX
0 mutual funds have low correlation with MXGBX (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 0.34, roughly unchanged from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Great-West Emerging Markets Equity Fund | 0.34 | 0.30 | 0.30 | 79 | Emerging Markets Diversified | MXGBX vs MXEOX | |
| Great-West S&P Small Cap 600 Index Fund | 0.39 | 0.31 | 0.26 | 68 | Small Cap Blend Equities | MXGBX vs MXISX | |
| Great-West S&P 500 Index Fund | 0.40 | 0.28 | 0.27 | 54 | Large Cap Blend Equities | MXGBX vs MXVIX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 0.44 | 0.63 | 0.62 | 90 | Global Bonds | MXGBX vs PRSNX | |
| Destinations Global Fixed Income Opportunities Fun... | 0.45 | 0.49 | 0.45 | 98 | Global Bonds | MXGBX vs DGFFX |
See all 10 diversifiers for MXGBX
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