Looking to diversify beyond MXISX? The mutual funds below have the lowest correlation with MXISX — 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 MXISX.
Best Diversifiers for MXISX
1 mutual funds have low correlation with MXISX (below 0.3), 0 of which are negatively correlated. The least correlated is Great-West Short Duration Bond Fund (MXSDX) (Short-Term Bond) with a 1Y correlation of 0.21, roughly unchanged from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Great-West Short Duration Bond Fund | 0.21 | 0.19 | 0.19 | 91 | Short-Term Bond | MXISX vs MXSDX | |
| Great-West Emerging Markets Equity Fund | 0.47 | 0.50 | 0.54 | 92 | Emerging Markets Diversified | MXISX vs MXEOX | |
| Vanguard 500 Index Fund Admiral Shares | 0.67 | 0.64 | 0.72 | 73 | S&P 500, Large Cap Blend Equities | MXISX vs VFIAX | |
| Great-West Lifetime 2015 Fund | 0.69 | 0.68 | 0.71 | 51 | Target Retirement Date | MXISX vs MXLZX | |
| Auer Growth Fund | 0.69 | 0.73 | 0.77 | 90 | Small Cap Blend Equities | MXISX vs AUERX |
See all 40 diversifiers for MXISX
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