Looking to diversify beyond EIVIX? The mutual funds below have the lowest correlation with EIVIX — 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 EIVIX.
Best Diversifiers for EIVIX
1 mutual funds have low correlation with EIVIX (below 0.3), 0 of which are negatively correlated. The least correlated is Allspring Ultra Short-Term Income Fund (SADIX) (Ultrashort Bond) with a 1Y correlation of 0.19, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Allspring Ultra Short-Term Income Fund | 0.19 | 0.11 | 0.14 | 99 | Ultrashort Bond | EIVIX vs SADIX | |
| Allspring Short-Term Bond Plus Fund | 0.35 | 0.18 | 0.15 | 85 | Short-Term Bond | EIVIX vs SSHIX | |
| AMG Yacktman Focused Fund | 0.43 | 0.64 | 0.76 | 84 | Large Cap Value Equities | EIVIX vs YAFFX | |
| Federated Hermes Strategic Value Dividend Fund | 0.48 | 0.60 | 0.70 | 86 | Large Cap Value Equities | EIVIX vs SVAIX | |
| Buffalo Flexible Income Fund | 0.51 | 0.72 | 0.80 | 52 | Large Cap Value Equities | EIVIX vs BUFBX |
See all 36 diversifiers for EIVIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements EIVIX
Add EIVIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EIVIX