Looking to diversify beyond EIISX? The mutual funds below have the lowest correlation with EIISX — 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 EIISX.
Best Diversifiers for EIISX
0 mutual funds have low correlation with EIISX (below 0.3), 0 of which are negatively correlated. The least correlated is Eaton Vance Massachusetts Municipal Income Fund (EIMAX) (Municipal Bonds) with a 1Y correlation of 0.32, up from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Eaton Vance Massachusetts Municipal Income Fund | 0.32 | 0.23 | 0.18 | 69 | Municipal Bonds | EIISX vs EIMAX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 0.35 | 0.35 | 0.21 | 98 | Nontraditional Bonds | EIISX vs EGRIX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 0.38 | 0.35 | 0.40 | 98 | Emerging Markets Bonds | EIISX vs EELDX | |
| Eaton Vance Multi-Asset Credit Fund | 0.46 | 0.47 | 0.50 | 86 | High Yield Bonds | EIISX vs EIAMX | |
| Eaton Vance Strategic Income Fund Class I | 0.57 | 0.45 | 0.39 | 92 | Multisector Bonds | EIISX vs ESIIX |
See all 23 diversifiers for EIISX
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