Looking to diversify beyond EMCIX? The mutual funds below have the lowest correlation with EMCIX — 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 EMCIX.
Best Diversifiers for EMCIX
4 mutual funds have low correlation with EMCIX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus Stone Harbor Emerging Markets Income Fund (EDF) (Emerging Markets Bonds) with a 1Y correlation of 0.05, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets Income Fund | 0.05 | 0.14 | 0.21 | 63 | Emerging Markets Bonds | EMCIX vs EDF | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.06 | 0.18 | 0.27 | 87 | Emerging Markets Diversified | EMCIX vs ESCIX | |
| Ashmore Emerging Markets Equity Fund | 0.28 | 0.21 | 0.27 | 90 | Emerging Markets Diversified | EMCIX vs EMFIX | |
| Ashmore Emerging Markets Equity ESG Fund | 0.28 | 0.21 | 0.27 | 90 | Emerging Markets Diversified | EMCIX vs ESIGX | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 0.37 | 0.41 | 0.50 | 98 | Emerging Markets Bonds | EMCIX vs DBLLX |
See all 22 diversifiers for EMCIX
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