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 First Eagle Global Fund Class A (SGENX) (Global Equities) with a 1Y correlation of 0.55, down from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Eagle Global Fund Class A | 0.55 | 0.65 | 0.68 | 52 | Global Equities | ETGLX vs SGENX | |
| Eventide Healthcare & Life Sciences Fund | 0.58 | 0.70 | 0.73 | 91 | Health & Biotech Equities | ETGLX vs ETIHX | |
| Victory Munder Mid-Cap Core Growth Fund | 0.76 | 0.82 | 0.85 | 69 | Mid Cap Growth Equities | ETGLX vs MGOYX | |
| Needham Growth Fund | 0.77 | 0.77 | 0.82 | 81 | Mid Cap Growth Equities | ETGLX vs NEEGX | |
| Needham Growth Fund Institutional Class | 0.77 | 0.77 | 0.81 | 82 | Mid Cap Growth Equities | ETGLX vs NEEIX |
See all 11 diversifiers for ETGLX
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