Looking to diversify beyond EZNYX? The mutual funds below have the lowest correlation with EZNYX — 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 EZNYX.
Best Diversifiers for EZNYX
16 mutual funds have low correlation with EZNYX (below 0.3), 0 of which are negatively correlated. The least correlated is Eaton Vance Large-Cap Value Fund (EHSTX) (Large Cap Value Equities) with a 1Y correlation of 0.06, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Eaton Vance Large-Cap Value Fund | 0.06 | 0.09 | 0.06 | 55 | Large Cap Value Equities | EZNYX vs EHSTX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.07 | 0.27 | — | 100 | Municipal Bonds | EZNYX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.07 | 0.33 | 0.39 | 99 | Municipal Bonds | EZNYX vs USMSX | |
| DFA Short Term Municipal Bond Portfolio | 0.11 | 0.26 | 0.36 | 99 | Municipal Bonds | EZNYX vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.14 | 0.33 | 0.41 | 99 | Municipal Bonds | EZNYX vs USMTX |
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