Looking to diversify beyond EQTIX? The mutual funds below have the lowest correlation with EQTIX — 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 EQTIX.
Best Diversifiers for EQTIX
3 mutual funds have low correlation with EQTIX (below 0.3), 0 of which are negatively correlated. The least correlated is Leader Short Term High Yield Bond Fund (LCCMX) (Short-Term Bond) with a 1Y correlation of 0.20, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leader Short Term High Yield Bond Fund | 0.20 | 0.11 | 0.34 | 79 | Short-Term Bond | EQTIX vs LCCMX | |
| Shelton Emerging Markets Fund | 0.25 | 0.33 | 0.43 | 76 | Emerging Markets Diversified | EQTIX vs EMSQX | |
| Lord Abbett Short Duration Income Fund | 0.26 | 0.10 | 0.10 | 77 | Total Bond Market | EQTIX vs LLDYX | |
| American Beacon Frontier Markets Income Fund | 0.30 | 0.25 | 0.27 | 98 | Emerging Markets Bonds | EQTIX vs AGEPX | |
| Shelton Tactical Credit Fund | 0.36 | 0.30 | 0.29 | 56 | Nontraditional Bonds | EQTIX vs DEBTX |
See all 20 diversifiers for EQTIX
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