Looking to diversify beyond ECSIX? The mutual funds below have the lowest correlation with ECSIX — 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 ECSIX.
Best Diversifiers for ECSIX
4 mutual funds have low correlation with ECSIX (below 0.3), 0 of which are negatively correlated. The least correlated is Nationwide Strategic Income A (NWXEX) (Multisector Bonds) with a 1Y correlation of 0.13, down from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Nationwide Strategic Income A | 0.13 | 0.27 | 0.30 | 99 | Multisector Bonds | ECSIX vs NWXEX | |
| CrossingBridge Low Duration High Yield Fund | 0.16 | 0.19 | 0.19 | 98 | Multisector Bonds | ECSIX vs CBLDX | |
| Nationwide Amundi Strategic Income Fund | 0.19 | 0.29 | 0.31 | 99 | Multisector Bonds | ECSIX vs NWXHX | |
| Potomac Managed Volatility Fund | 0.25 | 0.44 | 0.33 | 50 | Multisector Bonds | ECSIX vs CRMVX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 0.37 | 0.22 | 0.34 | 98 | Emerging Markets Bonds | ECSIX vs EELDX |
See all 49 diversifiers for ECSIX
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