Looking to diversify beyond MXMVX? The mutual funds below have historically moved differently from MXMVX, 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 MXMVX
0 mutual funds have low correlation with MXMVX (below 0.3), 0 of which are negatively correlated. The least correlated is Great-West Emerging Markets Equity Fund (MXEOX) (Emerging Markets Equities) with a 1Y correlation of 0.45, down from 0.55 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Great-West Emerging Markets Equity Fund | 0.45 | 0.50 | 0.55 | 58 | Emerging Markets Equities | MXMVX vs MXEOX | |
| Great-West Real Estate Index Fund | 0.55 | 0.66 | 0.71 | 79 | REIT | MXMVX vs MXREX | |
| Great-West S&P 500 Index Fund | 0.67 | 0.75 | 0.81 | 60 | Large Cap Blend Equities | MXMVX vs MXVIX | |
| Great-West International Index Fund | 0.68 | 0.70 | 0.74 | 66 | Foreign Large Cap Equities | MXMVX vs MXINX | |
| Great-West International Value Fund | 0.69 | 0.69 | 0.74 | 75 | Foreign Large Cap Equities | MXMVX vs MXIVX |
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