Looking to diversify beyond EVG? The mutual funds below have the lowest correlation with EVG — 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 EVG.
Best Diversifiers for EVG
11 mutual funds have low correlation with EVG (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 0.11, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Nationwide Strategic Income A | 0.11 | 0.04 | 0.07 | 99 | Multisector Bonds | EVG vs NWXEX | |
| Nationwide Amundi Strategic Income Fund | 0.11 | 0.03 | 0.06 | 99 | Multisector Bonds | EVG vs NWXHX | |
| CrossingBridge Responsible Credit Fund | 0.15 | 0.17 | — | 58 | Multisector Bonds | EVG vs CBRDX | |
| Rational Special Situations Income Fund | 0.21 | 0.15 | 0.13 | 98 | Multisector Bonds | EVG vs RFXIX | |
| Potomac Managed Volatility Fund | 0.22 | 0.27 | 0.12 | 54 | Multisector Bonds | EVG vs CRMVX |
See all 24 diversifiers for EVG
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements EVG
Add EVG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EVG