Looking to diversify beyond EGLBX? The mutual funds below have the lowest correlation with EGLBX — 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 EGLBX.
Best Diversifiers for EGLBX
0 mutual funds have low correlation with EGLBX (below 0.3), 0 of which are negatively correlated. The least correlated is Elfun Tax Exempt Income Fund (ELFTX) (Municipal Bonds) with a 1Y correlation of 0.38, up from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Elfun Tax Exempt Income Fund | 0.38 | 0.25 | 0.20 | 72 | Municipal Bonds | EGLBX vs ELFTX | |
| Kopernik International Fund | 0.51 | 0.47 | 0.56 | 54 | Foreign Large Cap Equities | EGLBX vs KGIIX | |
| State Street S&P 500 Index Fund Class N | 0.53 | 0.54 | 0.63 | 83 | Large Cap Blend Equities | EGLBX vs SVSPX | |
| EuroPac International Dividend Income Fund Class A | 0.56 | 0.60 | 0.64 | 74 | Foreign Large Cap Equities, Dividend | EGLBX vs EPDPX | |
| EuroPac International Dividend Income Fund | 0.56 | 0.60 | 0.64 | 75 | Foreign Large Cap Equities | EGLBX vs EPDIX |
See all 27 diversifiers for EGLBX
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