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Dana Epiphany ESG Equity Fund (ESGIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The fund seeks to achieve its investment objective through investment in publicly traded equity securities using a disciplined, risk-controlled investment process. Under normal circumstances, it will invest at least 80% of its net assets in a diversified portfolio of equity securities. Under normal circumstances, at least 80% of the fund's net assets will be subject to the ESG screening process.

Looking to diversify beyond ESGIX? The mutual funds below have the lowest correlation with ESGIX — 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 ESGIX.

Best Diversifiers for ESGIX

0 mutual funds have low correlation with ESGIX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.30, up from 0.13 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SVPFX
Goldman Sachs Strategic Volatility Premium Fund0.300.140.13
72
Large Cap Blend EquitiesESGIX vs SVPFX
ORDNX
North Square Preferred and Income Securities Fund0.490.360.43
69
Large Cap Blend EquitiesESGIX vs ORDNX
FNSTX
Fidelity Infrastructure Fund0.620.600.69
51
Large Cap Blend EquitiesESGIX vs FNSTX
SGOIX
First Eagle Overseas Fund Class I0.650.620.68
51
Large Cap Blend Equities, Foreign Large Cap EquitiesESGIX vs SGOIX
RCKSX
Rock Oak Core Growth Fund0.670.750.84
62
Large Cap Blend EquitiesESGIX vs RCKSX
See all 40 diversifiers for ESGIX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from ESGIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ESGIX and solid risk/return profiles. The least correlated is STAG Industrial, Inc. (STAG) (Real Estate) with a 1Y correlation of 0.26, down from 0.51 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
STAG
STAG Industrial, Inc.0.260.420.51
57
Real Estate

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Diversification Analysis

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