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Ecofin Global Renewables Infrastructure Fund (ECOIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 11, 2026

The mutual fund focuses on investing in equity securities of renewable infrastructure companies, with the majority of its assets dedicated to this sector. It may also allocate a smaller portion of its assets to debt securities, including those issued or guaranteed by the U.S. government.

Looking to diversify beyond ECOIX? The mutual funds below have the lowest correlation with ECOIX — 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 ECOIX.

Best Diversifiers for ECOIX

9 mutual funds have low correlation with ECOIX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Energy Portfolio (FSENX) (Energy Equities) with a 1Y correlation of 0.01, down from 0.26 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FSENX
Fidelity Select Energy Portfolio0.010.180.26
63
Energy EquitiesECOIX vs FSENX
GAGEX
Guinness Atkinson Global Energy Fund0.050.210.28
57
Energy EquitiesECOIX vs GAGEX
RMLPX
Recurrent MLP & Infrastructure Fund0.080.260.34
85
Energy EquitiesECOIX vs RMLPX
SRV
NXG Cushing® Midstream Energy Fund0.110.210.31
75
Energy EquitiesECOIX vs SRV
RYEIX
Rydex Energy Fund0.110.260.34
53
Energy EquitiesECOIX vs RYEIX
See all 25 diversifiers for ECOIX

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Diversification Analysis

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