Looking to diversify beyond EACPX? The mutual funds below have the lowest correlation with EACPX — 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 EACPX.
Best Diversifiers for EACPX
0 mutual funds have low correlation with EACPX (below 0.3), 0 of which are negatively correlated. The least correlated is Emerald Insights Fund (EFCNX) (Large Cap Growth Equities) with a 1Y correlation of 0.33, down from 0.84 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Emerald Insights Fund | 0.33 | 0.75 | 0.84 | 98 | Large Cap Growth Equities | EACPX vs EFCNX | |
| BlackRock Global Long/Short Equity Fund Class I | 0.33 | 0.24 | 0.13 | 92 | Long-Short | EACPX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.36 | 0.26 | 0.10 | 69 | Systematic Trend | EACPX vs ASFYX | |
| ICON Equity Fund | 0.60 | 0.60 | 0.70 | 71 | Large Cap Growth Equities | EACPX vs IOLZX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.63 | 0.62 | 0.68 | 52 | Large Cap Growth Equities, Foreign Large Cap Equities | EACPX vs VTMGX |
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