Looking to diversify beyond MXIHX? The mutual funds below have the lowest correlation with MXIHX — 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 MXIHX.
Best Diversifiers for MXIHX
1 mutual funds have low correlation with MXIHX (below 0.3), 0 of which are negatively correlated. The least correlated is SEI Multi-Asset Real Return Fund Class A (SEIAX) (Inflation-Protected Bonds) with a 1Y correlation of 0.13, down from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Multi-Asset Real Return Fund Class A | 0.13 | 0.28 | 0.35 | 67 | Inflation-Protected Bonds | MXIHX vs SEIAX | |
| Allspring Real Return Fund | 0.32 | 0.46 | 0.60 | 82 | Inflation-Protected Bonds | MXIHX vs IPBAX | |
| Fidelity Series 0-5 Year Inflation-Protected Bond ... | 0.68 | 0.75 | 0.80 | 89 | Inflation-Protected Bonds | MXIHX vs FSTZX | |
| Great-West Multi-Sector Bond Fund | 0.70 | 0.79 | 0.74 | 53 | Multisector Bonds | MXIHX vs MXLMX | |
| SEI Institutional Investments Trust Real Return Fu... | 0.72 | 0.77 | 0.82 | 81 | Inflation-Protected Bonds | MXIHX vs RRPAX |
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