Looking to diversify beyond SBHAX? The mutual funds below have the lowest correlation with SBHAX — 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 SBHAX.
Best Diversifiers for SBHAX
3 mutual funds have low correlation with SBHAX (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 0.14, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Segall Bryant & Hamill Colorado Tax Free Fund | 0.14 | 0.11 | 0.10 | 83 | Municipal Bonds | SBHAX vs WTCOX | |
| Segall Bryant & Hamill Municipal Opportunities Fun... | 0.17 | 0.14 | 0.11 | 85 | Municipal Bonds | SBHAX vs WITAX | |
| Emerald Insights Fund | 0.28 | 0.70 | 0.80 | 99 | Large Cap Growth Equities | SBHAX vs EFCNX | |
| Segall Bryant & Hamill Quality High Yield Fund | 0.52 | 0.49 | 0.49 | 89 | High Yield Bonds | SBHAX vs WTLTX | |
| Segall Bryant & Hamill Emerging Markets Fund | 0.63 | 0.59 | 0.61 | 91 | Emerging Markets Diversified | SBHAX vs SBEMX |
See all 24 diversifiers for SBHAX
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