Looking to diversify beyond SEMCX? The mutual funds below have the lowest correlation with SEMCX — 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 SEMCX.
Best Diversifiers for SEMCX
1 mutual funds have low correlation with SEMCX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Equity Market Neutral Fund Class I (BDMIX) (Equity Market Neutral) with a 1Y correlation of 0.30, up from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Equity Market Neutral Fund Class ... | 0.30 | 0.17 | 0.09 | 96 | Equity Market Neutral | SEMCX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.40 | 0.29 | 0.14 | 51 | Systematic Trend | SEMCX vs ASFYX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.61 | 0.65 | 0.74 | 59 | Large Cap Growth Equities | SEMCX vs NASDX | |
| 13D Activist Fund | 0.73 | 0.80 | 0.86 | 80 | Mid Cap Blend Equities | SEMCX vs DDDIX | |
| Tarkio Fund | 0.73 | 0.79 | 0.85 | 56 | Mid Cap Blend Equities | SEMCX vs TARKX |
See all 28 diversifiers for SEMCX
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