Looking to diversify beyond SBAPX? The mutual funds below have the lowest correlation with SBAPX — 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 SBAPX.
Best Diversifiers for SBAPX
9 mutual funds have low correlation with SBAPX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Two-Year Fixed Income Portfolio (DFCFX) (Short-Term Bond) with a 1Y correlation of 0.01, down from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | 0.01 | 0.05 | 0.41 | 67 | Short-Term Bond | SBAPX vs DFCFX | |
| Leader Short Term High Yield Bond Fund | 0.10 | 0.05 | 0.13 | 80 | Short-Term Bond | SBAPX vs LCCMX | |
| GuidepathConservative Income Fund | 0.11 | 0.30 | 0.39 | 99 | Short-Term Bond | SBAPX vs GPICX | |
| DFA Short-Duration Real Return Portfolio | 0.12 | 0.27 | 0.37 | 98 | Short-Term Bond | SBAPX vs DFAIX | |
| Segall Bryant & Hamill Emerging Markets Fund | 0.14 | 0.14 | 0.13 | 82 | Emerging Markets Diversified | SBAPX vs SBEMX |
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