Looking to diversify beyond ESGYX? The mutual funds below have the lowest correlation with ESGYX — 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 ESGYX.
Best Diversifiers for ESGYX
2 mutual funds have low correlation with ESGYX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.24, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.24 | 0.35 | 0.53 | 52 | Global Equities | ESGYX vs CSUAX | |
| Loomis Sayles Senior Floating Rate and Fixed Incom... | 0.27 | 0.24 | 0.26 | 64 | Bank Loan | ESGYX vs LSFYX | |
| Loomis Sayles Limited Term Government And Agency F... | 0.30 | 0.21 | 0.16 | 52 | Government Bonds | ESGYX vs NEFLX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.33 | 0.50 | 0.63 | 80 | Global Equities | ESGYX vs RTXAX | |
| Wasatch Global Value Fund Investor Class Shares | 0.45 | 0.45 | 0.59 | 86 | Global Equities | ESGYX vs FMIEX |
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