Looking to diversify beyond ETIEX? The mutual funds below have the lowest correlation with ETIEX — 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 ETIEX.
Best Diversifiers for ETIEX
0 mutual funds have low correlation with ETIEX (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 0.43, down from 0.62 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Eventide Healthcare & Life Sciences Fund | 0.43 | 0.55 | 0.62 | 69 | Health & Biotech Equities | ETIEX vs ETIHX | |
| ARK Venture Fund | 0.44 | 0.62 | 0.66 | 99 | Technology Equities | ETIEX vs ARKVX | |
| Gabelli Global Content & Connectivity Fund Class I | 0.46 | 0.52 | 0.62 | 72 | Technology Equities | ETIEX vs GTTIX | |
| Eventide Multi-Asset Income Fund | 0.62 | 0.68 | 0.72 | 56 | Diversified Portfolio | ETIEX vs ETIMX | |
| Virtus Artificial Intelligence & Technology Opport... | 0.66 | 0.64 | 0.70 | 56 | Technology Equities | ETIEX vs AIO |
See all 23 diversifiers for ETIEX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ETIEX
Add ETIEX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ETIEX