Looking to diversify beyond EQNIX? The mutual funds below have the lowest correlation with EQNIX — 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 EQNIX.
Best Diversifiers for EQNIX
1 mutual funds have low correlation with EQNIX (below 0.3), 0 of which are negatively correlated. The least correlated is Voya Corporate Leaders Trust Fund (LEXCX) (Large Cap Value Equities) with a 1Y correlation of 0.28, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.28 | 0.55 | 0.67 | 70 | Large Cap Value Equities | EQNIX vs LEXCX | |
| Federated Hermes Strategic Value Dividend Fund | 0.44 | 0.57 | 0.68 | 84 | Large Cap Value Equities | EQNIX vs SVAIX | |
| AMG Yacktman Focused Fund | 0.47 | 0.67 | 0.79 | 86 | Large Cap Value Equities | EQNIX vs YAFFX | |
| Buffalo Flexible Income Fund | 0.50 | 0.70 | 0.80 | 60 | Large Cap Value Equities | EQNIX vs BUFBX | |
| Hennessy Cornerstone Value Fund | 0.62 | 0.75 | 0.81 | 87 | Large Cap Value Equities | EQNIX vs HFCVX |
See all 37 diversifiers for EQNIX
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