Looking to diversify beyond EMSQX? The mutual funds below have the lowest correlation with EMSQX — 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 EMSQX.
Best Diversifiers for EMSQX
3 mutual funds have low correlation with EMSQX (below 0.3), 0 of which are negatively correlated. The least correlated is Green California Tax-Free Income Fund (CFNTX) (Municipal Bonds) with a 1Y correlation of 0.17, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Green California Tax-Free Income Fund | 0.17 | 0.12 | 0.13 | 56 | Municipal Bonds | EMSQX vs CFNTX | |
| Shelton Equity Income Fund | 0.25 | 0.33 | 0.43 | 53 | Derivative Income | EMSQX vs EQTIX | |
| Shelton Tactical Credit Fund | 0.29 | 0.24 | 0.27 | 54 | Nontraditional Bonds | EMSQX vs DEBTX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.46 | 0.57 | 0.64 | 86 | Emerging Markets Diversified | EMSQX vs ESCIX | |
| Wasatch Emerging Markets Small Cap Fund | 0.52 | 0.50 | 0.59 | 61 | Emerging Markets Diversified | EMSQX vs WAEMX |
See all 27 diversifiers for EMSQX
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