Looking to diversify beyond SEEGX? The mutual funds below have the lowest correlation with SEEGX — 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 SEEGX.
Best Diversifiers for SEEGX
20 mutual funds have low correlation with SEEGX (below 0.3), 2 of which are negatively correlated. The least correlated is Fidelity Select Energy Portfolio (FSENX) (Energy Equities) with a 1Y correlation of -0.12, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Energy Portfolio | -0.12 | 0.10 | 0.24 | 79 | Energy Equities | SEEGX vs FSENX | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.06 | 0.05 | 0.12 | 94 | Inflation-Protected Bonds | SEEGX vs VTAPX | |
| JPMorgan Short Duration Bond A | 0.12 | 0.06 | 0.10 | 67 | Short-Term Bond | SEEGX vs OGLVX | |
| JPMorgan Ultra-Short Municipal Fund | 0.13 | 0.02 | -0.00 | 99 | Municipal Bonds | SEEGX vs USMTX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 0.13 | -0.06 | -0.11 | 99 | Total Bond Market | SEEGX vs JSOSX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SEEGX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SEEGX and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.24, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.24 | -0.07 | 0.08 | 85 | Energy | |
| ConocoPhillips Company | -0.23 | -0.03 | 0.11 | 76 | Energy | |
| Chevron Corporation | -0.22 | -0.04 | 0.11 | 83 | Energy | |
| Duke Energy Corporation | -0.22 | -0.15 | -0.02 | 53 | Utilities | |
| Verizon Communications Inc. | -0.18 | -0.09 | 0.03 | 59 | Communication Services |
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