Looking to diversify beyond SBMAX? The mutual funds below have historically moved differently from SBMAX, 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 SBMAX
0 mutual funds have low correlation with SBMAX (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin Income Fund Advisor Class (FRIAX) (Diversified Portfolio) with a 1Y correlation of 0.57, down from 0.68 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin Income Fund Advisor Class | 0.57 | 0.61 | 0.68 | 93 | Diversified Portfolio | SBMAX vs FRIAX | |
| Franklin Income Fund Class A1 | 0.65 | 0.64 | 0.68 | 87 | Diversified Portfolio | SBMAX vs FKINX | |
| Tarkio Fund | 0.67 | 0.77 | 0.84 | 65 | Mid Cap Blend Equities | SBMAX vs TARKX | |
| Templeton Institutional Fund International Equity ... | 0.69 | 0.69 | 0.72 | 63 | Foreign Large Cap Equities | SBMAX vs TFEQX | |
| 13D Activist Fund | 0.70 | 0.80 | 0.85 | 78 | Mid Cap Blend Equities | SBMAX vs DDDIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SBMAX
Add SBMAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SBMAX