Looking to diversify beyond SAHMX? The mutual funds below have historically moved differently from SAHMX, 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 SAHMX
1 mutual funds have low correlation with SAHMX (below 0.3), 0 of which are negatively correlated. The least correlated is SA U.S. Fixed Income Fund (SAUFX) (Ultrashort Bond) with a 1Y correlation of 0.28, up from 0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SA U.S. Fixed Income Fund | 0.28 | 0.26 | 0.15 | 90 | Ultrashort Bond | SAHMX vs SAUFX | |
| SA Global Fixed Income Fund | 0.32 | 0.24 | 0.12 | 63 | Global Bonds | SAHMX vs SAXIX | |
| SA U.S. Small Company Fund | 0.42 | 0.45 | 0.52 | 78 | Small Cap Blend Equities | SAHMX vs SAUMX | |
| SA U.S. Core Market Fund | 0.46 | 0.44 | 0.50 | 67 | Large Cap Blend Equities | SAHMX vs SAMKX | |
| Fidelity Advisor Canada Fund Class Z | 0.47 | 0.50 | 0.63 | 56 | Foreign Large Cap Equities | SAHMX vs FIQEX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SAHMX
Add SAHMX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SAHMX