Looking to diversify beyond EXFLX? The mutual funds below have the lowest correlation with EXFLX — 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 EXFLX.
Best Diversifiers for EXFLX
12 mutual funds have low correlation with EXFLX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA Municipal Real Return Portfolio (DMREX) (Municipal Bonds) with a 1Y correlation of -0.02, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Municipal Real Return Portfolio | -0.02 | 0.14 | 0.15 | 95 | Municipal Bonds | EXFLX vs DMREX | |
| DFA California Short Term Municipal Bond Portfolio | 0.11 | 0.26 | 0.27 | 99 | Municipal Bonds | EXFLX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.13 | 0.26 | 0.27 | 99 | Municipal Bonds | EXFLX vs USMTX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 0.13 | 0.08 | 0.07 | 97 | Nontraditional Bonds | EXFLX vs EGRIX | |
| Eaton Vance Large-Cap Value Fund | 0.16 | 0.09 | 0.05 | 55 | Large Cap Value Equities | EXFLX vs EHSTX |
See all 25 diversifiers for EXFLX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements EXFLX
Add EXFLX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EXFLX