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ClearBridge Mid Cap Fund (SBMAX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

Under normal circumstances, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, if any, in equity securities, or other investments with similar economic characteristics, of medium capitalization companies. The fund may invest up to 20% of its assets in equity securities of companies other than medium capitalization companies. The fund may also invest up to 25% of its net assets in securities of foreign issuers.

Looking to diversify beyond SBMAX? The mutual funds below have the lowest correlation with SBMAX — 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 SBMAX.

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 0.58, down from 0.69 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FRIAX
Franklin Income Fund Advisor Class0.580.620.69
89
Diversified PortfolioSBMAX vs FRIAX
TARKX
Tarkio Fund0.680.770.84
68
Mid Cap Blend EquitiesSBMAX vs TARKX
FKINX
Franklin Income Fund Class A10.680.650.69
84
Diversified PortfolioSBMAX vs FKINX
DDDIX
13D Activist Fund0.720.800.85
68
Mid Cap Blend EquitiesSBMAX vs DDDIX
PFSLX
Paradigm Select Fund0.720.800.86
92
Mid Cap Blend EquitiesSBMAX vs PFSLX
See all 20 diversifiers for SBMAX

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