Looking to diversify beyond SABA? The mutual funds below have the lowest correlation with SABA — 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 SABA.
Best Diversifiers for SABA
9 mutual funds have low correlation with SABA (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Two Year Global Fixed Income Portfolio (DFGFX) (Global Bonds) with a 1Y correlation of 0.12, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | 0.12 | 0.03 | 0.08 | 100 | Global Bonds | SABA vs DFGFX | |
| Payden Global Low Duration Fund | 0.14 | 0.13 | 0.16 | 85 | Global Bonds | SABA vs PYGSX | |
| Dunham International Opportunity Bond Fund | 0.20 | 0.22 | 0.24 | 60 | Global Bonds | SABA vs DAIOX | |
| Eaton Vance Global Bond Fund | 0.20 | 0.15 | 0.21 | 91 | Global Bonds | SABA vs EAIIX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 0.22 | 0.23 | 0.22 | 86 | Global Bonds | SABA vs PRSNX |
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