Looking to diversify beyond MXVIX? The mutual funds below have the lowest correlation with MXVIX — 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 MXVIX.
Best Diversifiers for MXVIX
2 mutual funds have low correlation with MXVIX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.21, roughly unchanged from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.21 | 0.18 | 0.15 | 70 | Large Cap Blend Equities | MXVIX vs SVPFX | |
| Great-West Short Duration Bond Fund | 0.25 | 0.17 | 0.20 | 92 | Short-Term Bond | MXVIX vs MXSDX | |
| North Square Preferred and Income Securities Fund | 0.46 | 0.36 | 0.43 | 72 | Large Cap Blend Equities | MXVIX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.56 | 0.63 | 0.73 | 57 | Large Cap Blend Equities | MXVIX vs RCKSX | |
| First Eagle Overseas Fund Class I | 0.58 | 0.56 | 0.62 | 60 | Large Cap Blend Equities, Foreign Large Cap Equities | MXVIX vs SGOIX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MXVIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MXVIX and solid risk/return profiles. The least correlated is JPMorgan Chase & Co. (JPM) (Financial Services) with a 1Y correlation of 0.46, roughly unchanged from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| JPMorgan Chase & Co. | 0.46 | 0.43 | 0.53 | 60 | Financial Services |
Build a portfolio that complements MXVIX
Add MXVIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MXVIX