Looking to diversify beyond EMOIX? The mutual funds below have the lowest correlation with EMOIX — 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 EMOIX.
Best Diversifiers for EMOIX
15 mutual funds have low correlation with EMOIX (below 0.3), 3 of which are negatively correlated. The least correlated is Eagle MLP Strategy Fund (EGLIX) (Energy Equities) with a 1Y correlation of -0.15, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Eagle MLP Strategy Fund | -0.15 | 0.03 | 0.02 | 51 | Energy Equities | EMOIX vs EGLIX | |
| DFA California Municipal Real Return Portfolio | -0.09 | 0.16 | 0.20 | 96 | Municipal Bonds | EMOIX vs DCARX | |
| DFA Municipal Real Return Portfolio | -0.03 | 0.19 | 0.21 | 95 | Municipal Bonds | EMOIX vs DMREX | |
| Eaton Vance Large-Cap Value Fund | 0.15 | 0.14 | 0.08 | 52 | Large Cap Value Equities | EMOIX vs EHSTX | |
| JPMorgan Ultra-Short Municipal Fund | 0.16 | 0.32 | 0.38 | 99 | Municipal Bonds | EMOIX vs USMSX |
See all 26 diversifiers for EMOIX
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