Looking to diversify beyond EIXIX? The mutual funds below have the lowest correlation with EIXIX — 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 EIXIX.
Best Diversifiers for EIXIX
15 mutual funds have low correlation with EIXIX (below 0.3), 5 of which are negatively correlated. The least correlated is Catalyst/Millburn Hedge Strategy Fund Class I (MBXIX) (Hedge Fund) with a 1Y correlation of -0.15, up from -0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Catalyst/Millburn Hedge Strategy Fund Class I | -0.15 | -0.32 | -0.25 | 92 | Hedge Fund | EIXIX vs MBXIX | |
| Catalyst/Millburn Hedge Strategy Fund | -0.15 | -0.32 | -0.25 | 91 | Macro Trading | EIXIX vs MBXAX | |
| Artisan Global Unconstrained Fund | -0.07 | -0.20 | — | 99 | Nontraditional Bonds | EIXIX vs APFPX | |
| Victory Pioneer Cat Bond Fund Class Y | -0.03 | — | — | 100 | Nontraditional Bonds | EIXIX vs CBYYX | |
| PGIM Securitized Credit Fund | -0.01 | -0.05 | -0.02 | 99 | Nontraditional Bonds | EIXIX vs SCFZX |
See all 20 diversifiers for EIXIX
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