Looking to diversify beyond SEAIX? The mutual funds below have the lowest correlation with SEAIX — 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 SEAIX.
Best Diversifiers for SEAIX
4 mutual funds have low correlation with SEAIX (below 0.3), 0 of which are negatively correlated. The least correlated is LoCorr Macro Strategies Fund Class I (LFMIX) (Global Allocation) with a 1Y correlation of 0.20, up from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund Class I | 0.20 | 0.09 | -0.02 | 88 | Global Allocation | SEAIX vs LFMIX | |
| SEI Institutional Investments Trust Opportunistic ... | 0.23 | 0.20 | 0.26 | 100 | Ultrashort Bond | SEAIX vs ENIAX | |
| SEI Tax Exempt Trust Intermediate-Term Municipal F... | 0.25 | 0.21 | 0.19 | 67 | Municipal Bonds | SEAIX vs SEIMX | |
| SEI Tax Exempt Trust California Municipal Bond Fun... | 0.28 | 0.22 | 0.18 | 54 | Municipal Bonds | SEAIX vs SBDAX | |
| Wilmington Real Asset Fund | 0.32 | 0.55 | 0.62 | 84 | Global Allocation | SEAIX vs WMRIX |
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