Looking to diversify beyond ETORX? The mutual funds below have the lowest correlation with ETORX — 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 ETORX.
Best Diversifiers for ETORX
14 mutual funds have low correlation with ETORX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of -0.00, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.00 | 0.16 | 0.21 | 95 | Municipal Bonds | ETORX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.02 | 0.20 | 0.23 | 94 | Municipal Bonds | ETORX vs DMREX | |
| Eaton Vance Large-Cap Value Fund | 0.16 | 0.13 | 0.09 | 58 | Large Cap Value Equities | ETORX vs EHSTX | |
| DFA NY Municipal Bond Portfolio | 0.16 | 0.29 | 0.39 | 99 | Municipal Bonds | ETORX vs DNYMX | |
| DFA Short Term Municipal Bond Portfolio | 0.17 | 0.25 | 0.34 | 99 | Municipal Bonds | ETORX vs DFSMX |
See all 29 diversifiers for ETORX
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