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
12 mutual funds have low correlation with EVG (below 0.3), 0 of which are negatively correlated. The least correlated is Nationwide Amundi Strategic Income Fund (NWXHX) (Multisector Bonds) with a 1Y correlation of 0.05, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 0.05 | 0.02 | 0.05 | 99 | Multisector Bonds | EVG vs NWXHX | |
| Nationwide Strategic Income A | 0.05 | 0.02 | 0.06 | 99 | Multisector Bonds | EVG vs NWXEX | |
| CrossingBridge Responsible Credit Fund | 0.15 | 0.17 | — | 70 | Multisector Bonds | EVG vs CBRDX | |
| Rational Special Situations Income Fund | 0.22 | 0.15 | 0.13 | 97 | Multisector Bonds | EVG vs RFXIX | |
| Potomac Managed Volatility Fund | 0.24 | 0.27 | 0.12 | 70 | Multisector Bonds | EVG vs CRMVX |
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