Looking to diversify beyond ECAT? The mutual funds below have the lowest correlation with ECAT — 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 ECAT.
Best Diversifiers for ECAT
35 mutual funds have low correlation with ECAT (below 0.3), 2 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.13, down from -0.02 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.13 | -0.02 | — | 60 | Diversified Portfolio | ECAT vs SIFAX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.09 | 0.01 | — | 99 | Municipal Bonds | ECAT vs TFCYX | |
| BlackRock Tactical Opportunities Fund Institutiona... | 0.05 | 0.21 | — | 83 | Tactical Allocation | ECAT vs PBAIX | |
| BlackRock Tactical Opportunities Fund | 0.06 | 0.21 | — | 81 | Macro Trading | ECAT vs PCBAX | |
| iShares Short-Term TIPS Bond Index Fund | 0.12 | 0.13 | — | 66 | Inflation-Protected Bonds | ECAT vs BIIPX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ECAT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ECAT and solid risk/return profiles. The least correlated is AST SpaceMobile, Inc. (ASTS) (Technology) with a 1Y correlation of 0.23, roughly unchanged from 0.28 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AST SpaceMobile, Inc. | 0.23 | 0.28 | — | 69 | Technology | |
| Equinix, Inc. | 0.24 | 0.35 | 0.44 | 88 | Real Estate | |
| Ellington Financial Inc. | 0.26 | 0.37 | 0.44 | 68 | Real Estate | |
| Rocket Lab USA, Inc. | 0.28 | 0.33 | 0.38 | 79 | Industrials | |
| Dynex Capital, Inc. | 0.30 | 0.37 | 0.42 | 73 | Real Estate |
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Build a portfolio that complements ECAT
Add ECAT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
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