Looking to diversify beyond EADIX? The mutual funds below have the lowest correlation with EADIX — 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 EADIX.
Best Diversifiers for EADIX
0 mutual funds have low correlation with EADIX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.31, up from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.31 | 0.19 | 0.14 | 92 | Long-Short | EADIX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.47 | 0.34 | 0.16 | 67 | Systematic Trend | EADIX vs ASFYX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.55 | 0.63 | 0.73 | 81 | Global Equities | EADIX vs RTXAX | |
| Polaris Global Value Fund | 0.57 | 0.67 | 0.76 | 90 | Global Equities | EADIX vs PGVFX | |
| T. Rowe Price Real Assets Fund | 0.58 | 0.64 | 0.74 | 57 | Global Equities | EADIX vs PRAFX |
See all 32 diversifiers for EADIX
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