Looking to diversify beyond OEMYX? The mutual funds below have the lowest correlation with OEMYX — 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 OEMYX.
Best Diversifiers for OEMYX
1 mutual funds have low correlation with OEMYX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus Stone Harbor Emerging Markets Income Fund (EDF) (Emerging Markets Bonds) with a 1Y correlation of 0.24, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets Income Fund | 0.24 | 0.22 | 0.26 | 63 | Emerging Markets Bonds | OEMYX vs EDF | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 0.39 | 0.37 | 0.37 | 98 | Emerging Markets Bonds | OEMYX vs DBLLX | |
| American Beacon Frontier Markets Income Fund | 0.49 | 0.37 | 0.39 | 98 | Emerging Markets Bonds | OEMYX vs AGEPX | |
| DoubleLine Emerging Markets Fixed Income Fund | 0.49 | 0.41 | 0.44 | 90 | Emerging Markets Bonds | OEMYX vs DBLEX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | 0.49 | 0.41 | 0.43 | 96 | Emerging Markets Bonds | OEMYX vs SHCDX |
See all 17 diversifiers for OEMYX
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