Looking to diversify beyond ETTGX? The mutual funds below have historically moved differently from ETTGX, 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 ETTGX
0 mutual funds have low correlation with ETTGX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus AlphaSimplex Managed Futures Strategy Fund Class I (ASFYX) (Systematic Trend) with a 1Y correlation of 0.39, up from 0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus AlphaSimplex Managed Futures Strategy Fund ... | 0.39 | 0.31 | 0.13 | 66 | Systematic Trend | ETTGX vs ASFYX | |
| BlackRock Global Equity Market Neutral Fund Class ... | 0.41 | 0.26 | 0.15 | 97 | Equity Market Neutral | ETTGX vs BDMIX | |
| BlackRock Global Equity Market Neutral Fund | 0.42 | 0.27 | 0.16 | 97 | Equity Market Neutral | ETTGX vs BDMAX | |
| BlackRock Strategic Income Opportunities Fund Clas... | 0.50 | 0.32 | 0.32 | 64 | Total Bond Market | ETTGX vs BSIIX | |
| BlackRock Enhanced Equity Dividend Trust | 0.66 | 0.62 | 0.69 | 64 | Derivative Income | ETTGX vs BDJ |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ETTGX
Add ETTGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ETTGX