Looking to diversify beyond EAD? The mutual funds below have historically moved differently from EAD, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for EAD
3 mutual funds have low correlation with EAD (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs GQG Partners International Opportunities Fund Class R6 (GSIYX) (Foreign Large Cap Equities) with a 1Y correlation of 0.21, down from 0.39 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 0.21 | 0.28 | 0.39 | 51 | Foreign Large Cap Equities, Emerging Markets Equities | EAD vs GSIYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.23 | 0.30 | 0.36 | 91 | Emerging Markets Equities | EAD vs ESCIX | |
| The Cook & Bynum Fund | 0.25 | 0.28 | 0.37 | 70 | Emerging Markets Equities | EAD vs COBYX | |
| Pzena Emerging Markets Value Fund Institutional Cl... | 0.32 | 0.24 | 0.27 | 66 | Emerging Markets Equities | EAD vs PZIEX | |
| The Korea Fund Inc | 0.39 | 0.34 | 0.36 | 83 | Emerging Markets Equities, South Korea Equities, Asia Pacific Equities | EAD vs KF |
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