Looking to diversify beyond MXRLX? The mutual funds below have the lowest correlation with MXRLX — 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 MXRLX.
Best Diversifiers for MXRLX
0 mutual funds have low correlation with MXRLX (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 0.39, 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 | 0.39 | 0.51 | 0.57 | 61 | REIT | MXRLX vs MXREX | |
| Great-West Emerging Markets Equity Fund | 0.66 | 0.61 | 0.65 | 77 | Emerging Markets Diversified | MXRLX vs MXEOX | |
| Great-West S&P Small Cap 600 Index Fund | 0.76 | 0.73 | 0.76 | 68 | Small Cap Blend Equities | MXRLX vs MXISX | |
| Fidelity Managed Retirement 2010 Fund Class K | 0.76 | 0.71 | 0.69 | 83 | Target Retirement Date | MXRLX vs FRQKX | |
| Dimensional Retirement Income Fund | 0.77 | 0.74 | 0.68 | 84 | Target Retirement Date | MXRLX vs TDIFX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements MXRLX
Add MXRLX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MXRLX