Looking to diversify beyond MXIGX? The mutual funds below have the lowest correlation with MXIGX — 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 MXIGX.
Best Diversifiers for MXIGX
0 mutual funds have low correlation with MXIGX (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 0.33, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Great-West Real Estate Index Fund | 0.33 | 0.47 | 0.53 | 61 | REIT | MXIGX vs MXREX | |
| Federated Hermes International Strategic Value Div... | 0.41 | 0.55 | 0.61 | 63 | Foreign Large Cap Equities | MXIGX vs IVFIX | |
| SA International Value Fund | 0.53 | 0.61 | 0.63 | 89 | Foreign Large Cap Equities | MXIGX vs SAHMX | |
| Thornburg Global Opportunities Fund | 0.58 | 0.63 | 0.69 | 86 | Foreign Large Cap Equities | MXIGX vs THOIX | |
| EuroPac International Dividend Income Fund | 0.60 | 0.55 | 0.58 | 76 | Foreign Large Cap Equities | MXIGX vs EPDIX |
See all 18 diversifiers for MXIGX
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