Looking to diversify beyond MXXLX? The mutual funds below have the lowest correlation with MXXLX — 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 MXXLX.
Best Diversifiers for MXXLX
0 mutual funds have low correlation with MXXLX (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 0.38, down from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Great-West Real Estate Index Fund | 0.38 | 0.50 | 0.56 | 60 | REIT | MXXLX vs MXREX | |
| Great-West Emerging Markets Equity Fund | 0.68 | 0.62 | 0.66 | 70 | Emerging Markets Diversified | MXXLX vs MXEOX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.76 | 0.70 | 0.69 | 71 | Target Retirement Date | MXXLX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.76 | 0.69 | 0.66 | 71 | Target Retirement Date | MXXLX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.76 | 0.70 | 0.69 | 68 | Target Retirement Date | MXXLX vs FRQAX |
See all 44 diversifiers for MXXLX
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