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
0 mutual funds have low correlation with SCEMX (below 0.3), 0 of which are negatively correlated. The least correlated is DWS Emerging Markets Equity Fund (SEMGX) (Emerging Markets Diversified) with a 1Y correlation of 0.41, roughly unchanged from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DWS Emerging Markets Equity Fund | 0.41 | 0.37 | 0.36 | 84 | Emerging Markets Diversified | SCEMX vs SEMGX | |
| DWS Science and Technology Fund | 0.43 | 0.29 | 0.28 | 72 | Technology Equities | SCEMX vs KTCAX | |
| DWS CROCI International Fund | 0.43 | 0.40 | 0.38 | 51 | Foreign Large Cap Equities | SCEMX vs SCINX | |
| DWS S&P 500 Index Fund | 0.47 | 0.34 | 0.32 | 73 | S&P 500 | SCEMX vs SCPIX | |
| DWS Core Equity Fund | 0.47 | 0.35 | 0.31 | 76 | Large Cap Blend Equities | SCEMX vs SCDGX |
See all 21 diversifiers for SCEMX
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