Looking to diversify beyond EZNAX? The mutual funds below have the lowest correlation with EZNAX — 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 EZNAX.
Best Diversifiers for EZNAX
12 mutual funds have low correlation with EZNAX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Short Term Municipal Bond Portfolio (DFSMX) (Municipal Bonds) with a 1Y correlation of 0.10, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.10 | 0.22 | 0.32 | 100 | Municipal Bonds | EZNAX vs DFSMX | |
| Eaton Vance Global Macro Absolute Return Fund | 0.14 | 0.17 | 0.09 | 99 | Nontraditional Bonds | EZNAX vs EIGMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.19 | 0.33 | 0.38 | 99 | Municipal Bonds | EZNAX vs USMSX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 0.21 | 0.21 | 0.14 | 98 | Nontraditional Bonds | EZNAX vs EGRIX | |
| Eaton Vance Large-Cap Value Fund | 0.22 | 0.16 | 0.09 | 66 | Large Cap Value Equities | EZNAX vs EHSTX |
See all 24 diversifiers for EZNAX
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