Looking to diversify beyond ESFIX? The mutual funds below have the lowest correlation with ESFIX — 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 ESFIX.
Best Diversifiers for ESFIX
21 mutual funds have low correlation with ESFIX (below 0.3), 1 of which are negatively correlated. The least correlated is Ashmore Emerging Markets Small Cap Equity Fund (ESCIX) (Emerging Markets Diversified) with a 1Y correlation of -0.00, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | -0.00 | 0.10 | 0.16 | 86 | Emerging Markets Diversified | ESFIX vs ESCIX | |
| Ashmore Emerging Markets Active Equity Fund | 0.02 | 0.12 | 0.16 | 81 | Emerging Markets Diversified | ESFIX vs EMQIX | |
| Ashmore Emerging Markets Equity ESG Fund | 0.04 | 0.13 | 0.17 | 91 | Emerging Markets Diversified | ESFIX vs ESIGX | |
| Ashmore Emerging Markets Equity Fund | 0.04 | 0.12 | 0.17 | 91 | Emerging Markets Diversified | ESFIX vs EMFIX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | 0.06 | 0.14 | 0.32 | 96 | Emerging Markets Bonds | ESFIX vs SHCDX |
See all 23 diversifiers for ESFIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ESFIX
Add ESFIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ESFIX