Looking to diversify beyond SBASX? The mutual funds below have the lowest correlation with SBASX — 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 SBASX.
Best Diversifiers for SBASX
2 mutual funds have low correlation with SBASX (below 0.3), 0 of which are negatively correlated. The least correlated is Segall Bryant & Hamill Colorado Tax Free Fund (WTCOX) (Municipal Bonds) with a 1Y correlation of 0.19, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Segall Bryant & Hamill Colorado Tax Free Fund | 0.19 | 0.13 | 0.11 | 86 | Municipal Bonds | SBASX vs WTCOX | |
| Segall Bryant & Hamill Municipal Opportunities Fun... | 0.23 | 0.17 | 0.12 | 85 | Municipal Bonds | SBASX vs WITAX | |
| Segall Bryant & Hamill Quality High Yield Fund | 0.52 | 0.51 | 0.50 | 88 | High Yield Bonds | SBASX vs WTLTX | |
| Segall Bryant & Hamill Emerging Markets Fund | 0.56 | 0.55 | 0.58 | 88 | Emerging Markets Diversified | SBASX vs SBEMX | |
| Driehaus Micro Cap Growth Fund | 0.66 | 0.77 | 0.82 | 83 | Small Cap Growth Equities | SBASX vs DMCRX |
See all 20 diversifiers for SBASX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SBASX
Add SBASX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SBASX