Looking to diversify beyond SAWMX? The mutual funds below have the lowest correlation with SAWMX — 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 SAWMX.
Best Diversifiers for SAWMX
1 mutual funds have low correlation with SAWMX (below 0.3), 0 of which are negatively correlated. The least correlated is LoCorr Macro Strategies Fund Class I (LFMIX) (Global Allocation) with a 1Y correlation of 0.25, up from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund Class I | 0.25 | 0.11 | -0.02 | 84 | Global Allocation | SAWMX vs LFMIX | |
| Wilmington Real Asset Fund | 0.40 | 0.55 | 0.63 | 79 | Global Allocation | SAWMX vs WMRIX | |
| SA Global Fixed Income Fund | 0.42 | 0.31 | 0.18 | 70 | Global Bonds | SAWMX vs SAXIX | |
| SA U.S. Fixed Income Fund | 0.43 | 0.32 | 0.19 | 93 | Ultrashort Bond | SAWMX vs SAUFX | |
| Allspring Absolute Return Fund | 0.43 | 0.61 | 0.64 | 87 | Global Allocation | SAWMX vs WARAX |
See all 59 diversifiers for SAWMX
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