Looking to diversify beyond EGFIX? The mutual funds below have the lowest correlation with EGFIX — 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 EGFIX.
Best Diversifiers for EGFIX
0 mutual funds have low correlation with EGFIX (below 0.3), 0 of which are negatively correlated. The least correlated is Eaton Vance Emerging Markets Local Income Fund (EEIAX) (Emerging Markets Bonds) with a 1Y correlation of 0.35, roughly unchanged from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Eaton Vance Emerging Markets Local Income Fund | 0.35 | 0.28 | 0.33 | 58 | Emerging Markets Bonds | EGFIX vs EEIAX | |
| ICON Equity Fund | 0.53 | 0.58 | 0.68 | 84 | Large Cap Growth Equities | EGFIX vs IOLZX | |
| Baron Partners Fund | 0.55 | 0.58 | 0.67 | 72 | Large Cap Growth Equities | EGFIX vs BPTRX | |
| Davis New York Venture Fund Class Y | 0.58 | 0.66 | 0.72 | 80 | Large Cap Growth Equities | EGFIX vs DNVYX | |
| One Rock Fund | 0.58 | 0.72 | 0.80 | 87 | Large Cap Growth Equities | EGFIX vs ONERX |
See all 33 diversifiers for EGFIX
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