Looking to diversify beyond EIXIX? The mutual funds below have historically moved differently from EIXIX, 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 EIXIX
15 mutual funds have low correlation with EIXIX (below 0.3), 6 of which are negatively correlated. The least correlated is Catalyst/Millburn Hedge Strategy Fund Class I (MBXIX) (Multistrategy) with a 1Y correlation of -0.17, roughly unchanged from -0.25 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Catalyst/Millburn Hedge Strategy Fund Class I | -0.17 | -0.30 | -0.25 | 90 | Multistrategy, Systematic Trend, Global Equities | EIXIX vs MBXIX | |
| Catalyst/Millburn Hedge Strategy Fund | -0.16 | -0.30 | -0.25 | 89 | Multistrategy, Systematic Trend, Global Equities | EIXIX vs MBXAX | |
| Artisan Global Unconstrained Fund | -0.10 | -0.20 | — | 99 | Nontraditional Bonds | EIXIX vs APFPX | |
| Victory Pioneer Cat Bond Fund Class Y | -0.05 | — | — | 100 | Nontraditional Bonds | EIXIX vs CBYYX | |
| Catalyst/CIFC Floating Rate Income Fund | -0.04 | 0.01 | 0.02 | 70 | Bank Loan | EIXIX vs CFRIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements EIXIX
Add EIXIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EIXIX