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Looking to diversify beyond EIRAX? The mutual funds below have historically moved differently from EIRAX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for EIRAX

24 mutual funds have low correlation with EIRAX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Tactical Opportunities Fund Institutional Class (PBAIX) (Tactical Allocation) with a 1Y correlation of 0.00, down from 0.10 over 5 years.

How candidates are selected

See all 84 diversifiers for EIRAX

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for EIRAX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Eni S.p.A. (E) (Energy) with a 1Y correlation of 0.05, down from 0.28 over 5 years.

How candidates are selected

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Eni S.p.A.0.050.190.28
94
Energy

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