Looking to diversify beyond SAPEX? The mutual funds below have the lowest correlation with SAPEX — 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 SAPEX.
Best Diversifiers for SAPEX
1 mutual funds have low correlation with SAPEX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Tactical Opportunities Fund Institutional Class (PBAIX) (Tactical Allocation) with a 1Y correlation of 0.03, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Tactical Opportunities Fund Institutiona... | 0.03 | 0.25 | 0.18 | 81 | Tactical Allocation | SAPEX vs PBAIX | |
| Hussman Strategic Total Return Fund | 0.34 | 0.33 | 0.29 | 88 | Tactical Allocation | SAPEX vs HSTRX | |
| Quantified Evolution Plus Fund | 0.37 | 0.52 | 0.42 | 80 | Tactical Allocation | SAPEX vs QEVOX | |
| PIMCO All Asset All Authority Fund | 0.45 | 0.43 | 0.44 | 74 | Tactical Allocation | SAPEX vs PAUIX | |
| Invesco Balanced-Risk Allocation Fund | 0.50 | 0.51 | 0.49 | 89 | Tactical Allocation | SAPEX vs ABRYX |
See all 28 diversifiers for SAPEX
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