Looking to diversify beyond SCSBX? The mutual funds below have the lowest correlation with SCSBX — 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 SCSBX.
Best Diversifiers for SCSBX
2 mutual funds have low correlation with SCSBX (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 0.16, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DWS Emerging Markets Equity Fund | 0.16 | 0.14 | 0.11 | 84 | Emerging Markets Diversified | SCSBX vs SEMGX | |
| DWS Science and Technology Fund | 0.28 | 0.17 | 0.16 | 72 | Technology Equities | SCSBX vs KTCAX | |
| DWS Core Equity Fund | 0.32 | 0.24 | 0.19 | 76 | Large Cap Blend Equities | SCSBX vs SCDGX | |
| Holbrook Income Fund Class I | 0.32 | 0.33 | 0.37 | 98 | Intermediate Core-Plus Bond | SCSBX vs HOBIX | |
| DWS S&P 500 Index Fund | 0.32 | 0.24 | 0.19 | 73 | S&P 500 | SCSBX vs SCPIX |
See all 14 diversifiers for SCSBX
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