Looking to diversify beyond SCETX? The mutual funds below have the lowest correlation with SCETX — 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 SCETX.
Best Diversifiers for SCETX
2 mutual funds have low correlation with SCETX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus Seix Floating Rate High Income Fund (SAMBX) (Bank Loan) with a 1Y correlation of 0.06, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Seix Floating Rate High Income Fund | 0.06 | 0.22 | 0.27 | 97 | Bank Loan | SCETX vs SAMBX | |
| The Merger Fund | 0.29 | 0.32 | 0.38 | 97 | Event Driven | SCETX vs MERFX | |
| Virtus Artificial Intelligence & Technology Opport... | 0.52 | 0.51 | 0.61 | 56 | Technology Equities | SCETX vs AIO | |
| T. Rowe Price U.S. Equity Research Fund | 0.64 | 0.65 | 0.75 | 64 | Large Cap Blend Equities | SCETX vs PRCOX | |
| Auer Growth Fund | 0.71 | 0.76 | 0.81 | 83 | Small Cap Blend Equities | SCETX vs AUERX |
See all 32 diversifiers for SCETX
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