Looking to diversify beyond MXLSX? The mutual funds below have the lowest correlation with MXLSX — 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 MXLSX.
Best Diversifiers for MXLSX
0 mutual funds have low correlation with MXLSX (below 0.3), 0 of which are negatively correlated. The least correlated is Great-West Emerging Markets Equity Fund (MXEOX) (Emerging Markets Diversified) with a 1Y correlation of 0.39, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Great-West Emerging Markets Equity Fund | 0.39 | 0.47 | 0.53 | 92 | Emerging Markets Diversified | MXLSX vs MXEOX | |
| Aegis Value Fund | 0.40 | 0.48 | 0.56 | 94 | Small Cap Value Equities | MXLSX vs AVALX | |
| Great-West S&P 500 Index Fund | 0.66 | 0.68 | 0.75 | 76 | Large Cap Blend Equities | MXLSX vs MXVIX | |
| Bridgeway Ultra Small Company Market Fund | 0.67 | 0.72 | 0.75 | 79 | Small Cap Value Equities | MXLSX vs BRSIX | |
| Invesco Small Cap Value Fund | 0.73 | 0.79 | 0.84 | 89 | Small Cap Value Equities | MXLSX vs VSCAX |
See all 23 diversifiers for MXLSX
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