Looking to diversify beyond ETILX? The mutual funds below have historically moved differently from ETILX, 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 ETILX
0 mutual funds have low correlation with ETILX (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 0.59, down from 0.73 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Eventide Healthcare & Life Sciences Fund | 0.59 | 0.70 | 0.73 | 89 | Health & Biotech Equities | ETILX vs ETIHX | |
| Victory Munder Mid-Cap Core Growth Fund | 0.76 | 0.82 | 0.85 | 76 | Mid Cap Growth Equities | ETILX vs MGOYX | |
| USAA Extended Market Index Fund | 0.76 | 0.80 | 0.85 | 66 | Mid Cap Growth Equities | ETILX vs USMIX | |
| TIAA-CREF Lifecycle Index 2050 Fund | 0.78 | 0.82 | 0.84 | 70 | Target Retirement Date | ETILX vs TLLIX | |
| Needham Growth Fund | 0.79 | 0.78 | 0.82 | 57 | Mid Cap Growth Equities | ETILX vs NEEGX |
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