Looking to diversify beyond MXMTX? The mutual funds below have the lowest correlation with MXMTX — 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 MXMTX.
Best Diversifiers for MXMTX
1 mutual funds have low correlation with MXMTX (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 0.29, down from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Great-West Real Estate Index Fund | 0.29 | 0.49 | 0.57 | 61 | REIT | MXMTX vs MXREX | |
| Great-West Emerging Markets Equity Fund | 0.55 | 0.56 | 0.58 | 77 | Emerging Markets Diversified | MXMTX vs MXEOX | |
| Great-West Conservative Profile Fund | 0.69 | 0.66 | 0.69 | 54 | Diversified Portfolio | MXMTX vs MXCPX | |
| Great-West S&P 500 Index Fund | 0.78 | 0.80 | 0.83 | 65 | Large Cap Blend Equities | MXMTX vs MXVIX | |
| Oberweis Micro Cap Fund | 0.78 | 0.81 | 0.84 | 86 | Small Cap Growth Equities | MXMTX vs OBMCX |
See all 15 diversifiers for MXMTX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements MXMTX
Add MXMTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MXMTX