Looking to diversify beyond POLEX? The mutual funds below have the lowest correlation with POLEX — 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 POLEX.
Best Diversifiers for POLEX
0 mutual funds have low correlation with POLEX (below 0.3), 0 of which are negatively correlated. The least correlated is Ashmore Emerging Markets Small Cap Equity Fund (ESCIX) (Emerging Markets Diversified) with a 1Y correlation of 0.40, down from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 0.40 | 0.62 | 0.69 | 83 | Emerging Markets Diversified | POLEX vs ESCIX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.68 | 0.72 | 0.77 | 86 | Emerging Markets Diversified | POLEX vs EMPTX | |
| Delaware Emerging Markets Fund | 0.70 | 0.73 | 0.80 | 96 | Emerging Markets Diversified | POLEX vs DEMIX | |
| State Street Emerging Markets Equity Index Fund | 0.73 | 0.75 | 0.81 | 79 | Emerging Markets Diversified | POLEX vs SSKEX | |
| Lazard Emerging Markets Equity Portfolio | 0.74 | 0.76 | 0.78 | 94 | Emerging Markets Diversified | POLEX vs LZEMX |
See all 19 diversifiers for POLEX
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