Looking to diversify beyond EVG? The mutual funds below have historically moved differently from EVG, 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 EVG
10 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 0.12, roughly unchanged from 0.06 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Nationwide Strategic Income A | 0.12 | 0.04 | 0.06 | 99 | Multisector Bonds | EVG vs NWXEX | |
| Nationwide Amundi Strategic Income Fund | 0.12 | 0.04 | 0.06 | 99 | Multisector Bonds | EVG vs NWXHX | |
| Rational Special Situations Income Fund | 0.21 | 0.15 | 0.13 | 98 | Multisector Bonds | EVG vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 0.24 | 0.16 | 0.15 | 95 | Multisector Bonds | EVG vs CBLDX | |
| Easterly Income Opportunities Fund | 0.24 | 0.17 | 0.18 | 80 | Multisector Bonds | EVG vs JSVIX |
To view more results, upgrade your current subscription plan.
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