Looking to diversify beyond SABTX? The mutual funds below have historically moved differently from SABTX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SABTX
4 mutual funds have low correlation with SABTX (below 0.3), 0 of which are negatively correlated. The least correlated is GQG Partners US Quality Dividend Income Fund (GQHPX) (Quality Factor) with a 1Y correlation of 0.18, down from 0.65 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GQG Partners US Quality Dividend Income Fund | 0.18 | 0.48 | 0.65 | 58 | Quality Factor, Large Cap Value Equities | SABTX vs GQHPX | |
| SA Emerging Markets Value Fund | 0.20 | 0.26 | 0.30 | 74 | Emerging Markets Equities | SABTX vs SAEMX | |
| SA Global Fixed Income Fund | 0.24 | 0.17 | 0.07 | 63 | Global Bonds | SABTX vs SAXIX | |
| SA U.S. Fixed Income Fund | 0.25 | 0.17 | 0.08 | 90 | Ultrashort Bond | SABTX vs SAUFX | |
| Federated Hermes Equity Income Fund | 0.32 | 0.62 | 0.79 | 68 | Dividend, Large Cap Value Equities | SABTX vs LEIFX |
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