Looking to diversify beyond MXIVX? The mutual funds below have historically moved differently from MXIVX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MXIVX
0 mutual funds have low correlation with MXIVX (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 0.40, down from 0.54 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Great-West Real Estate Index Fund | 0.40 | 0.50 | 0.54 | 79 | REIT | MXIVX vs MXREX | |
| BlackRock Health Sciences Opportunities Portfolio | 0.40 | 0.43 | 0.50 | 65 | Health & Biotech Equities | MXIVX vs SHSAX | |
| Great-West Short Duration Bond Fund | 0.43 | 0.31 | 0.31 | 94 | Short-Term Bond | MXIVX vs MXSDX | |
| Pear Tree Polaris Foreign Value Fund | 0.50 | 0.60 | 0.67 | 88 | Foreign Large Cap Equities | MXIVX vs QFVOX | |
| Federated Hermes International Strategic Value Div... | 0.53 | 0.69 | 0.74 | 88 | Foreign Large Cap Equities | MXIVX vs IVFIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements MXIVX
Add MXIVX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MXIVX