Looking to diversify beyond MXLZX? The mutual funds below have the lowest correlation with MXLZX — 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 MXLZX.
Best Diversifiers for MXLZX
0 mutual funds have low correlation with MXLZX (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 0.59, roughly unchanged from 0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Great-West Emerging Markets Equity Fund | 0.59 | 0.56 | 0.60 | 88 | Emerging Markets Diversified | MXLZX vs MXEOX | |
| Great-West S&P Small Cap 600 Index Fund | 0.73 | 0.69 | 0.72 | 70 | Small Cap Blend Equities | MXLZX vs MXISX | |
| Great-West S&P Mid Cap 400 Index Fund | 0.73 | 0.71 | 0.75 | 51 | Mid Cap Blend Equities | MXLZX vs MXMDX | |
| Great-West S&P 500 Index Fund | 0.80 | 0.73 | 0.77 | 68 | Large Cap Blend Equities | MXLZX vs MXVIX | |
| Dimensional Retirement Income Fund | 0.81 | 0.81 | 0.77 | 77 | Target Retirement Date | MXLZX vs TDIFX |
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