Looking to diversify beyond ETFOX? The mutual funds below have historically moved differently from ETFOX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for ETFOX
2 mutual funds have low correlation with ETFOX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Tactical Opportunities Fund Institutional Class (PBAIX) (Tactical Allocation) with a 1Y correlation of 0.04, down from 0.20 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Tactical Opportunities Fund Institutiona... | 0.04 | 0.27 | 0.20 | 85 | Tactical Allocation | ETFOX vs PBAIX | |
| BlackRock New Jersey Municipal Bond Fund | 0.21 | 0.13 | 0.13 | 68 | Municipal Bonds | ETFOX vs MANJX | |
| Donoghue Forlines Dividend Fund | 0.37 | 0.61 | 0.72 | 92 | Tactical Allocation | ETFOX vs PWDIX | |
| Goldman Sachs TacticalTiltOverlayFund | 0.44 | 0.29 | 0.43 | 68 | Tactical Allocation | ETFOX vs TTIFX | |
| Quantified Evolution Plus Fund | 0.47 | 0.56 | 0.45 | 82 | Tactical Allocation | ETFOX vs QEVOX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ETFOX
Add ETFOX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ETFOX