Looking to diversify beyond MXSDX? The mutual funds below have the lowest correlation with MXSDX — 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 MXSDX.
Best Diversifiers for MXSDX
8 mutual funds have low correlation with MXSDX (below 0.3), 0 of which are negatively correlated. The least correlated is Leader Short Term High Yield Bond Fund (LCCMX) (Short-Term Bond) with a 1Y correlation of 0.02, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leader Short Term High Yield Bond Fund | 0.02 | 0.06 | 0.20 | 75 | Short-Term Bond | MXSDX vs LCCMX | |
| DFA Two-Year Fixed Income Portfolio | 0.10 | 0.09 | 0.40 | 66 | Short-Term Bond | MXSDX vs DFCFX | |
| Great-West Emerging Markets Equity Fund | 0.18 | 0.14 | 0.16 | 92 | Emerging Markets Diversified | MXSDX vs MXEOX | |
| Great-West S&P Small Cap 600 Index Fund | 0.21 | 0.19 | 0.19 | 60 | Small Cap Blend Equities | MXSDX vs MXISX | |
| DFA Short-Duration Real Return Portfolio | 0.25 | 0.24 | 0.39 | 99 | Short-Term Bond | MXSDX vs DFAIX |
See all 20 diversifiers for MXSDX
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