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SEI Institutional Managed Trust Multi-Asset Capital Stability Fund (SCLAX) Diversifiers

Mutual Fund · Currency in USD · Last updated Aug 4, 2026
Documentation

The advisor will attempt to manage the risk of loss while still seeking to generate some growth by selecting investments from among a broad range of asset classes. Managing the risk of loss does not mean preventing losses, but rather managing the fund in a manner intended to limit the level of losses that the fund could incur over any particular period. At any point in time, the fund may be diversified across many asset classes or concentrated in a limited number of asset classes.

Looking to diversify beyond SCLAX? The mutual funds below have historically moved differently from SCLAX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for SCLAX

6 mutual funds have low correlation with SCLAX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.16, down from 0.15 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SIFAX
SEI Institutional Managed Trust Multi-Asset Inflat...-0.160.040.15
83
Diversified PortfolioSCLAX vs SIFAX
MHELX
MH Elite Small Cap Fund of Funds Fund0.120.180.41
68
Diversified PortfolioSCLAX vs MHELX
HDOGX
Hennessy Total Return Fund0.130.340.44
73
Diversified PortfolioSCLAX vs HDOGX
HBFBX
Hennessy Balanced Fund0.180.380.46
91
Diversified PortfolioSCLAX vs HBFBX
CMALX
Crawford Multi-Asset Income Fund0.230.440.54
58
Diversified PortfolioSCLAX vs CMALX
See all 360 diversifiers for SCLAX

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for SCLAX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
CII
BlackRock Enhanced Large Cap Core Fund, Inc.0.580.560.62
89

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Diversification Analysis

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