Looking to diversify beyond ETHYX? The mutual funds below have the lowest correlation with ETHYX — 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 ETHYX.
Best Diversifiers for ETHYX
4 mutual funds have low correlation with ETHYX (below 0.3), 0 of which are negatively correlated. The least correlated is Eaton Vance Large-Cap Value Fund (EHSTX) (Large Cap Value Equities) with a 1Y correlation of 0.17, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Eaton Vance Large-Cap Value Fund | 0.17 | 0.14 | 0.09 | 63 | Large Cap Value Equities | ETHYX vs EHSTX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 0.18 | 0.17 | 0.19 | 98 | Emerging Markets Bonds | ETHYX vs EELDX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 0.20 | 0.23 | 0.17 | 98 | Nontraditional Bonds | ETHYX vs EGRIX | |
| Eaton Vance Richard Bernstein All Asset Strategy F... | 0.29 | 0.32 | 0.32 | 51 | Tactical Allocation | ETHYX vs EIRAX | |
| Eaton Vance Emerging Markets Local Income Fund | 0.31 | 0.31 | 0.32 | 60 | Emerging Markets Bonds | ETHYX vs EEIAX |
See all 43 diversifiers for ETHYX
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