Looking to diversify beyond EITGX? The mutual funds below have the lowest correlation with EITGX — 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 EITGX.
Best Diversifiers for EITGX
0 mutual funds have low correlation with EITGX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.38, up from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.38 | 0.25 | 0.15 | 95 | Long-Short | EITGX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.41 | 0.31 | 0.15 | 60 | Systematic Trend | EITGX vs ASFYX | |
| Baron Partners Fund | 0.51 | 0.58 | 0.63 | 72 | Large Cap Growth Equities | EITGX vs BPTRX | |
| ICON Equity Fund | 0.68 | 0.69 | 0.78 | 84 | Large Cap Growth Equities | EITGX vs IOLZX | |
| One Rock Fund | 0.69 | 0.77 | 0.81 | 87 | Large Cap Growth Equities | EITGX vs ONERX |
See all 34 diversifiers for EITGX
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