Looking to diversify beyond EMQIX? The mutual funds below have the lowest correlation with EMQIX — 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 EMQIX.
Best Diversifiers for EMQIX
1 mutual funds have low correlation with EMQIX (below 0.3), 0 of which are negatively correlated. The least correlated is Ashmore Emerging Markets Corporate Income Fund (EMCIX) (Emerging Markets Bonds) with a 1Y correlation of 0.23, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Ashmore Emerging Markets Corporate Income Fund | 0.23 | 0.21 | 0.25 | 63 | Emerging Markets Bonds | EMQIX vs EMCIX | |
| Ashmore Emerging Markets Investment Grade Income F... | 0.40 | 0.33 | 0.31 | 95 | Emerging Markets Bonds | EMQIX vs IGIEX | |
| Ashmore Emerging Markets Total Return Fund | 0.45 | 0.45 | 0.47 | 65 | Emerging Markets Bonds | EMQIX vs EMKIX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.55 | 0.67 | 0.72 | 87 | Emerging Markets Diversified | EMQIX vs ESCIX | |
| Wasatch Emerging Markets Small Cap Fund | 0.66 | 0.61 | 0.65 | 63 | Emerging Markets Diversified | EMQIX vs WAEMX |
See all 28 diversifiers for EMQIX
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