Looking to diversify beyond EASCX? The mutual funds below have the lowest correlation with EASCX — 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 EASCX.
Best Diversifiers for EASCX
15 mutual funds have low correlation with EASCX (below 0.3), 0 of which are negatively correlated. The least correlated is Eaton Vance Global Macro Absolute Return Fund (EIGMX) (Nontraditional Bonds) with a 1Y correlation of 0.11, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Fund | 0.11 | 0.18 | 0.11 | 99 | Nontraditional Bonds | EASCX vs EIGMX | |
| DFA Short Term Municipal Bond Portfolio | 0.16 | 0.25 | 0.33 | 100 | Municipal Bonds | EASCX vs DFSMX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 0.18 | 0.21 | 0.15 | 98 | Nontraditional Bonds | EASCX vs EGRIX | |
| Eaton Vance Large-Cap Value Fund | 0.19 | 0.14 | 0.09 | 73 | Large Cap Value Equities | EASCX vs EHSTX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.20 | 0.24 | — | 100 | Municipal Bonds | EASCX vs DFABX |
See all 29 diversifiers for EASCX
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