Looking to diversify beyond EMKIX? The mutual funds below have the lowest correlation with EMKIX — 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 EMKIX.
Best Diversifiers for EMKIX
2 mutual funds have low correlation with EMKIX (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 0.19, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets Income Fund | 0.19 | 0.21 | 0.29 | 54 | Emerging Markets Bonds | EMKIX vs EDF | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.23 | 0.35 | 0.44 | 91 | Emerging Markets Diversified | EMKIX vs ESCIX | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 0.45 | 0.49 | 0.54 | 98 | Emerging Markets Bonds | EMKIX vs DBLLX | |
| Ashmore Emerging Markets Equity ESG Fund | 0.46 | 0.43 | 0.46 | 88 | Emerging Markets Diversified | EMKIX vs ESIGX | |
| Ashmore Emerging Markets Equity Fund | 0.46 | 0.44 | 0.47 | 86 | Emerging Markets Diversified | EMKIX vs EMFIX |
See all 21 diversifiers for EMKIX
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