Looking to diversify beyond SASMX? The mutual funds below have the lowest correlation with SASMX — 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 SASMX.
Best Diversifiers for SASMX
0 mutual funds have low correlation with SASMX (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin Income Fund Advisor Class (FRIAX) (Diversified Portfolio) with a 1Y correlation of 0.48, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin Income Fund Advisor Class | 0.48 | 0.52 | 0.59 | 92 | Diversified Portfolio | SASMX vs FRIAX | |
| Franklin Income Fund Class A1 | 0.58 | 0.57 | 0.61 | 87 | Diversified Portfolio | SASMX vs FKINX | |
| Needham Small Cap Growth Fund | 0.78 | 0.82 | 0.85 | 94 | Small Cap Growth Equities | SASMX vs NESGX | |
| Needham Small Cap Growth Fund Institutional | 0.78 | 0.82 | 0.85 | 94 | Small Cap Growth Equities | SASMX vs NESIX | |
| Fidelity 500 Index Fund | 0.79 | 0.79 | 0.82 | 75 | S&P 500 | SASMX vs FXAIX |
See all 14 diversifiers for SASMX
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