Looking to diversify beyond SBDAX? The mutual funds below have the lowest correlation with SBDAX — 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 SBDAX.
Best Diversifiers for SBDAX
30 mutual funds have low correlation with SBDAX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Multi-Asset Real Return Fund Class A (SEIAX) (Inflation-Protected Bonds) with a 1Y correlation of -0.18, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Multi-Asset Real Return Fund Class A | -0.18 | 0.04 | 0.06 | 67 | Inflation-Protected Bonds | SBDAX vs SEIAX | |
| DFA California Municipal Real Return Portfolio | 0.01 | 0.17 | 0.23 | 95 | Municipal Bonds | SBDAX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.04 | 0.21 | 0.25 | 95 | Municipal Bonds | SBDAX vs DMREX | |
| SEI Institutional Investments Trust Opportunistic ... | 0.11 | 0.20 | 0.22 | 99 | Ultrashort Bond | SBDAX vs ENIAX | |
| SEI Institutional Investments Trust Small Cap Fund | 0.19 | 0.14 | 0.09 | 54 | Small Cap Blend Equities | SBDAX vs SLPAX |
See all 64 diversifiers for SBDAX
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