Looking to diversify beyond EPDPX? The mutual funds below have the lowest correlation with EPDPX — 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 EPDPX.
Best Diversifiers for EPDPX
0 mutual funds have low correlation with EPDPX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Strategic Value Dividend Fund Class A (SVAAX) (Dividend) with a 1Y correlation of 0.32, down from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund Cla... | 0.32 | 0.47 | 0.57 | 77 | Dividend | EPDPX vs SVAAX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.42 | 0.39 | 0.42 | 69 | High Yield Bonds | EPDPX vs VWEHX | |
| Pear Tree Polaris Foreign Value Fund | 0.46 | 0.58 | 0.64 | 78 | Foreign Large Cap Equities | EPDPX vs QFVOX | |
| Goldman Sachs U.S. Equity Dividend and Premium Fun... | 0.47 | 0.39 | 0.47 | 75 | Dividend | EPDPX vs GSPAX | |
| State Street Hedged International Developed Equity... | 0.47 | 0.48 | 0.54 | 72 | Foreign Large Cap Equities | EPDPX vs SSHQX |
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