Looking to diversify beyond SEMRX? The mutual funds below have historically moved differently from SEMRX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SEMRX
27 mutual funds have low correlation with SEMRX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX) (Ultrashort Bond) with a 1Y correlation of -0.00, down from 0.21 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Investments Trust Opportunistic ... | -0.00 | 0.15 | 0.21 | 100 | Ultrashort Bond | SEMRX vs ENIAX | |
| CrossingBridge Ultra-Short Duration Fund | 0.00 | 0.09 | 0.11 | 99 | Ultrashort Bond | SEMRX vs CBUDX | |
| Tactical Multi-Purpose Fund | 0.04 | -0.02 | 0.01 | 100 | Ultrashort Bond | SEMRX vs TMPFX | |
| Fidelity Strategic Real Return Fund | 0.04 | 0.13 | 0.11 | 95 | Diversified Portfolio | SEMRX vs FSRRX | |
| Navigator Ultra Short Term Bond Fund | 0.06 | 0.05 | 0.10 | 100 | Ultrashort Bond | SEMRX vs NUSIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SEMRX
Add SEMRX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SEMRX