Looking to diversify beyond SDAIX? The mutual funds below have historically moved differently from SDAIX, 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 SDAIX
1 mutual funds have low correlation with SDAIX (below 0.3), 0 of which are negatively correlated. The least correlated is Princeton Premium Fund (PPFIX) (Options Trading) with a 1Y correlation of 0.21, roughly unchanged from 0.18 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Princeton Premium Fund | 0.21 | 0.17 | 0.18 | 100 | Options Trading | SDAIX vs PPFIX | |
| Rational Tactical Return Fund | 0.66 | 0.43 | 0.29 | 63 | Options Trading | SDAIX vs HRSTX | |
| Columbia Seligman Premium Technology Growth Fund | 0.75 | 0.75 | 0.77 | 88 | Technology Equities, Options Trading, Actively Managed | SDAIX vs STK | |
| MAI Managed Volatility Fund | 0.77 | 0.82 | 0.87 | 93 | Options Trading | SDAIX vs MAIPX | |
| Gateway Fund Class Y Shares | 0.79 | 0.78 | 0.86 | 64 | Options Trading | SDAIX vs GTEYX |
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