Looking to diversify beyond SAIPX? The mutual funds below have the lowest correlation with SAIPX — 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 SAIPX.
Best Diversifiers for SAIPX
2 mutual funds have low correlation with SAIPX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.07, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.07 | 0.19 | 0.49 | 63 | Diversified Portfolio | SAIPX vs MHELX | |
| BlackRock Global Long/Short Equity Fund Class I | 0.27 | 0.15 | 0.10 | 91 | Long-Short | SAIPX vs BDMIX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.39 | 0.60 | 0.64 | 95 | Diversified Portfolio | SAIPX vs FCSRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.39 | 0.60 | 0.64 | 96 | Diversified Portfolio | SAIPX vs FIQDX | |
| Fidelity Strategic Real Return Fund Class K6 | 0.40 | 0.61 | 0.65 | 97 | Diversified Portfolio | SAIPX vs FSRKX |
See all 27 diversifiers for SAIPX
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