Looking to diversify beyond SCGVX? The mutual funds below have the lowest correlation with SCGVX — 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 SCGVX.
Best Diversifiers for SCGVX
2 mutual funds have low correlation with SCGVX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.10, down from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.10 | 0.24 | 0.39 | 51 | Global Equities | SCGVX vs CSUAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.30 | 0.44 | 0.55 | 76 | Global Equities | SCGVX vs RTXAX | |
| Wasatch Global Value Fund Investor Class Shares | 0.41 | 0.37 | 0.47 | 86 | Global Equities | SCGVX vs FMIEX | |
| LSV Global Managed Volatility Fund | 0.42 | 0.46 | 0.54 | 84 | Global Equities | SCGVX vs LVAFX | |
| Polaris Global Value Fund | 0.42 | 0.53 | 0.60 | 92 | Global Equities | SCGVX vs PGVFX |
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