Looking to diversify beyond SEIAX? The mutual funds below have the lowest correlation with SEIAX — 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 SEIAX.
Best Diversifiers for SEIAX
20 mutual funds have low correlation with SEIAX (below 0.3), 11 of which are negatively correlated. The least correlated is SEI Institutional Investments Trust High Yield Bond Fund (SGYAX) (High Yield Bonds) with a 1Y correlation of -0.26, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Investments Trust High Yield Bon... | -0.26 | 0.03 | 0.13 | 60 | High Yield Bonds | SEIAX vs SGYAX | |
| SEI Institutional Investments Trust S&P 500 Index ... | -0.25 | -0.07 | 0.07 | 67 | S&P 500 | SEIAX vs SPINX | |
| SEI S&P 500 Index Fund Class I | -0.24 | -0.07 | 0.07 | 61 | Large Cap Blend Equities | SEIAX vs SPIIX | |
| SEI Institutional Investments Trust Dynamic Asset ... | -0.23 | -0.04 | 0.11 | 54 | Large Cap Blend Equities | SEIAX vs SDLAX | |
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.23 | 0.01 | 0.08 | 99 | Diversified Portfolio | SEIAX vs STDAX |
See all 29 diversifiers for SEIAX
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