Looking to diversify beyond ETSIX? The mutual funds below have the lowest correlation with ETSIX — 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 ETSIX.
Best Diversifiers for ETSIX
5 mutual funds have low correlation with ETSIX (below 0.3), 0 of which are negatively correlated. The least correlated is Nationwide Strategic Income A (NWXEX) (Multisector Bonds) with a 1Y correlation of 0.13, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Nationwide Strategic Income A | 0.13 | 0.29 | 0.32 | 99 | Multisector Bonds | ETSIX vs NWXEX | |
| CrossingBridge Responsible Credit Fund | 0.18 | 0.18 | — | 58 | Multisector Bonds | ETSIX vs CBRDX | |
| Nationwide Amundi Strategic Income Fund | 0.19 | 0.31 | 0.33 | 99 | Multisector Bonds | ETSIX vs NWXHX | |
| CrossingBridge Low Duration High Yield Fund | 0.23 | 0.21 | 0.20 | 97 | Multisector Bonds | ETSIX vs CBLDX | |
| Potomac Managed Volatility Fund | 0.29 | 0.46 | 0.34 | 55 | Multisector Bonds | ETSIX vs CRMVX |
See all 53 diversifiers for ETSIX
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