Looking to diversify beyond SECIX? The mutual funds below have the lowest correlation with SECIX — 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 SECIX.
Best Diversifiers for SECIX
2 mutual funds have low correlation with SECIX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Equity Income Fund (LEIFX) (Large Cap Value Equities) with a 1Y correlation of 0.19, down from 0.79 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Equity Income Fund | 0.19 | 0.60 | 0.79 | 53 | Large Cap Value Equities | SECIX vs LEIFX | |
| Guggenheim Limited Duration Fund | 0.27 | 0.19 | 0.14 | 88 | Short-Term Bond | SECIX vs GILHX | |
| Voya Corporate Leaders Trust Fund | 0.33 | 0.60 | 0.73 | 53 | Large Cap Value Equities | SECIX vs LEXCX | |
| Guggenheim Macro Opportunities Fund | 0.38 | 0.39 | 0.37 | 77 | Nontraditional Bonds | SECIX vs GIOIX | |
| Guggenheim Managed Futures Strategy Fund | 0.41 | 0.37 | 0.28 | 53 | Systematic Trend | SECIX vs RYMTX |
See all 37 diversifiers for SECIX
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