Looking to diversify beyond ETTGX? The mutual funds below have the lowest correlation with ETTGX — 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 ETTGX.
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 BlackRock Global Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.38, up from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.38 | 0.25 | 0.15 | 95 | Long-Short | ETTGX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.41 | 0.31 | 0.15 | 60 | Systematic Trend | ETTGX vs ASFYX | |
| Baron Partners Fund | 0.57 | 0.63 | 0.70 | 72 | Large Cap Growth Equities | ETTGX vs BPTRX | |
| ICON Equity Fund | 0.68 | 0.69 | 0.78 | 84 | Large Cap Growth Equities | ETTGX vs IOLZX | |
| One Rock Fund | 0.69 | 0.77 | 0.81 | 87 | Large Cap Growth Equities | ETTGX vs ONERX |
See all 32 diversifiers for ETTGX
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