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

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

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 the lowest correlation with SCLAX — 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 SCLAX.

Best Diversifiers for SCLAX

3 mutual funds have low correlation with SCLAX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.11, down from 0.43 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
MHELX
MH Elite Small Cap Fund of Funds Fund0.110.210.43
70
Diversified PortfolioSCLAX vs MHELX
BDMIX
BlackRock Global Long/Short Equity Fund Class I0.240.130.09
96
Long-ShortSCLAX vs BDMIX
HBFBX
Hennessy Balanced Fund0.260.410.48
66
Diversified PortfolioSCLAX vs HBFBX
CONWX
Concorde Wealth Management Fund0.320.510.58
55
Diversified PortfolioSCLAX vs CONWX
FSRKX
Fidelity Strategic Real Return Fund Class K60.410.590.62
88
Diversified PortfolioSCLAX vs FSRKX
See all 375 diversifiers for SCLAX

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Diversification Analysis

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