Looking to diversify beyond ETGLX? The mutual funds below have the lowest correlation with ETGLX — 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 ETGLX.
Best Diversifiers for ETGLX
0 mutual funds have low correlation with ETGLX (below 0.3), 0 of which are negatively correlated. The least correlated is Eventide Healthcare & Life Sciences Fund (ETIHX) (Health & Biotech Equities) with a 1Y correlation of 0.61, down from 0.73 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Eventide Healthcare & Life Sciences Fund | 0.61 | 0.71 | 0.73 | 78 | Health & Biotech Equities | ETGLX vs ETIHX | |
| Tanaka Growth Fund | 0.65 | 0.70 | 0.75 | 53 | Mid Cap Growth Equities | ETGLX vs TGFRX | |
| Essex Environmental Opportunities Fund | 0.67 | 0.75 | 0.80 | 66 | Mid Cap Growth Equities | ETGLX vs EEOFX | |
| Eventide Multi-Asset Income Fund | 0.73 | 0.78 | 0.81 | 59 | Diversified Portfolio | ETGLX vs ETIMX | |
| Needham Growth Fund Institutional Class | 0.73 | 0.77 | 0.81 | 93 | Mid Cap Growth Equities | ETGLX vs NEEIX |
See all 15 diversifiers for ETGLX
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