Looking to diversify beyond SCEMX? The mutual funds below have the lowest correlation with SCEMX — 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 SCEMX.
Best Diversifiers for SCEMX
1 mutual funds have low correlation with SCEMX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus Stone Harbor Emerging Markets Income Fund (EDF) (Emerging Markets Bonds) with a 1Y correlation of 0.28, roughly unchanged from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets Income Fund | 0.28 | 0.26 | 0.31 | 56 | Emerging Markets Bonds | SCEMX vs EDF | |
| DWS Emerging Markets Equity Fund | 0.43 | 0.37 | 0.37 | 86 | Emerging Markets Diversified | SCEMX vs SEMGX | |
| DWS Science and Technology Fund | 0.43 | 0.30 | 0.29 | 60 | Technology Equities | SCEMX vs KTCAX | |
| DWS CROCI International Fund | 0.45 | 0.42 | 0.38 | 66 | Foreign Large Cap Equities | SCEMX vs SCINX | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 0.49 | 0.54 | 0.56 | 98 | Emerging Markets Bonds | SCEMX vs DBLLX |
See all 23 diversifiers for SCEMX
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