Looking to diversify beyond EMQIX? The mutual funds below have historically moved differently from EMQIX, 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 EMQIX
2 mutual funds have low correlation with EMQIX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs GQG Partners International Opportunities Fund Class R6 (GSIYX) (Foreign Large Cap Equities) with a 1Y correlation of 0.22, down from 0.59 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 0.22 | 0.50 | 0.59 | 51 | Foreign Large Cap Equities, Emerging Markets Equities | EMQIX vs GSIYX | |
| The Cook & Bynum Fund | 0.29 | 0.38 | 0.45 | 70 | Emerging Markets Equities | EMQIX vs COBYX | |
| Ashmore Emerging Markets Investment Grade Income F... | 0.42 | 0.34 | 0.31 | 90 | Emerging Markets Bonds, Investment Grade Bonds | EMQIX vs IGIEX | |
| Ashmore Emerging Markets Total Return Fund | 0.43 | 0.44 | 0.46 | 61 | Emerging Markets Bonds | EMQIX vs EMKIX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.50 | 0.66 | 0.72 | 91 | Emerging Markets Equities | EMQIX vs ESCIX |
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