Looking to diversify beyond EAPCX? The mutual funds below have the lowest correlation with EAPCX — 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 EAPCX.
Best Diversifiers for EAPCX
16 mutual funds have low correlation with EAPCX (below 0.3), 3 of which are negatively correlated. The least correlated is Eaton Vance Massachusetts Municipal Income Fund (EIMAX) (Municipal Bonds) with a 1Y correlation of -0.16, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Eaton Vance Massachusetts Municipal Income Fund | -0.16 | -0.06 | -0.01 | 70 | Municipal Bonds | EAPCX vs EIMAX | |
| RBC BlueBay Emerging Market Debt Fund | -0.11 | 0.08 | 0.14 | 91 | Emerging Markets Bonds | EAPCX vs RBESX | |
| Eaton Vance Strategic Income Fund Class I | -0.06 | 0.03 | 0.10 | 92 | Multisector Bonds | EAPCX vs ESIIX | |
| Eaton Vance Multi-Asset Credit Fund | 0.02 | 0.10 | 0.17 | 87 | High Yield Bonds | EAPCX vs EIAMX | |
| Nationwide Amundi Strategic Income Fund | 0.03 | 0.13 | 0.11 | 99 | Multisector Bonds | EAPCX vs NWXHX |
See all 28 diversifiers for EAPCX
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