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Looking to diversify beyond SBEMX? The mutual funds below have historically moved differently from SBEMX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for SBEMX

4 mutual funds have low correlation with SBEMX (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 0.12 over 5 years.

How candidates are selected

Diversification Analysis

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