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Great-West U.S. Government Securities Fund (MXGMX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 2, 2026

The fund will, under normal circumstances, invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities that have been issued or guaranteed by the U.S. government or its agencies or instrumentalities. It may invest up to 20% of its net assets in securities that are not issued or guaranteed by the U.S. government or its agencies or instrumentalities.

Looking to diversify beyond MXGMX? The mutual funds below have the lowest correlation with MXGMX — 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 MXGMX.

Best Diversifiers for MXGMX

2 mutual funds have low correlation with MXGMX (below 0.3), 0 of which are negatively correlated. The least correlated is GMO U.S. Treasury Fund (GUSTX) (Government Bonds) with a 1Y correlation of 0.08, roughly unchanged from 0.04 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
GUSTX
GMO U.S. Treasury Fund0.080.030.04
99
Government BondsMXGMX vs GUSTX
FEUGX
Federated Hermes Adjustable Rate Fund0.210.480.46
99
Government BondsMXGMX vs FEUGX
DFFGX
DFA Short-Term Government Portfolio0.300.060.32
99
Government BondsMXGMX vs DFFGX
RFBAX
Davis Government Bond Fund0.390.490.57
79
Government BondsMXGMX vs RFBAX
VGIVX
Vanguard Emerging Markets Government Bond Index Fu...0.590.690.64
74
Government BondsMXGMX vs VGIVX
See all 10 diversifiers for MXGMX

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