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
1 mutual funds have low correlation with ESGYX (below 0.3), 0 of which are negatively correlated. The least correlated is Loomis Sayles Senior Floating Rate and Fixed Income Fund (LSFYX) (Bank Loan) with a 1Y correlation of 0.26, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Loomis Sayles Senior Floating Rate and Fixed Incom... | 0.26 | 0.24 | 0.25 | 63 | Bank Loan | ESGYX vs LSFYX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.33 | 0.50 | 0.63 | 81 | Global Equities | ESGYX vs RTXAX | |
| T. Rowe Price Real Assets Fund | 0.41 | 0.50 | 0.63 | 57 | Global Equities | ESGYX vs PRAFX | |
| Third Avenue Value Fund | 0.44 | 0.50 | 0.56 | 84 | Global Equities | ESGYX vs TAVFX | |
| Polaris Global Value Fund | 0.45 | 0.56 | 0.66 | 90 | Global Equities | ESGYX vs PGVFX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ESGYX
Add ESGYX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ESGYX