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 0.23, up from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund Class I | 0.23 | 0.11 | -0.01 | 85 | Global Allocation | SAWMX vs LFMIX | |
| Allspring Absolute Return Fund | 0.41 | 0.62 | 0.64 | 91 | Global Allocation | SAWMX vs WARAX | |
| SA Global Fixed Income Fund | 0.41 | 0.31 | 0.17 | 67 | Global Bonds | SAWMX vs SAXIX | |
| SA Emerging Markets Value Fund | 0.44 | 0.50 | 0.49 | 90 | Emerging Markets Diversified | SAWMX vs SAEMX | |
| SA U.S. Fixed Income Fund | 0.45 | 0.31 | 0.19 | 93 | Ultrashort Bond | SAWMX vs SAUFX |
See all 49 diversifiers for SAWMX
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