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

Best Diversifiers for EGRIX

88 mutual funds have low correlation with EGRIX (below 0.3), 3 of which are negatively correlated. The least correlated is PGIM Securitized Credit Fund (SCFZX) (Nontraditional Bonds) with a 1Y correlation of -0.09, down from 0.09 over 5 years.


See all 114 diversifiers for EGRIX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from EGRIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EGRIX and solid risk/return profiles. The least correlated is Meta Financial Group, Inc. (CASH) (Financial Services) with a 1Y correlation of 0.02, roughly unchanged from 0.09 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Meta Financial Group, Inc.0.020.120.09
54
Financial Services
Eni S.p.A.0.120.160.10
91
Energy

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Diversification Analysis

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