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
3 mutual funds have low correlation with SCEMX (below 0.3), 0 of which are negatively correlated. The least correlated is DWS RREEF Real Assets Fund (AAAZX) (Global Allocation) with a 1Y correlation of 0.21, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DWS RREEF Real Assets Fund | 0.21 | 0.35 | 0.33 | 53 | Global Allocation | SCEMX vs AAAZX | |
| DWS RREEF Real Assets Fund - Class A | 0.23 | 0.35 | 0.33 | 51 | Diversified Portfolio | SCEMX vs AAAAX | |
| Virtus Stone Harbor Emerging Markets Income Fund | 0.24 | 0.27 | 0.31 | 57 | Emerging Markets Bonds | SCEMX vs EDF | |
| DWS Emerging Markets Equity Fund | 0.43 | 0.37 | 0.37 | 77 | Emerging Markets Diversified | SCEMX vs SEMGX | |
| DWS CROCI International Fund | 0.47 | 0.42 | 0.39 | 70 | Foreign Large Cap Equities | SCEMX vs SCINX |
See all 24 diversifiers for SCEMX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SCEMX
Add SCEMX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SCEMX