Looking to diversify beyond EDF? The mutual funds below have the lowest correlation with EDF — 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 EDF.
Best Diversifiers for EDF
80 mutual funds have low correlation with EDF (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus Duff & Phelps Select MLP and Energy Fund (VLPIX) (Energy Equities) with a 1Y correlation of 0.00, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Duff & Phelps Select MLP and Energy Fund | 0.00 | 0.16 | 0.22 | 84 | Energy Equities | EDF vs VLPIX | |
| Virtus Duff & Phelps Global Infrastructure Fund | 0.07 | 0.20 | 0.26 | 55 | Energy Equities | EDF vs PGUAX | |
| Ashmore Emerging Markets Corporate Income Fund | 0.09 | 0.16 | 0.21 | 61 | Emerging Markets Bonds | EDF vs EMCIX | |
| Virtus Newfleet Senior Floating Rate Fund | 0.11 | 0.17 | 0.22 | 88 | Bank Loan | EDF vs PSFIX | |
| The Merger Fund | 0.11 | 0.12 | 0.17 | 97 | Event Driven | EDF vs MERFX |
See all 81 diversifiers for EDF
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Diversification Analysis
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