Looking to diversify beyond SEMRX? The mutual funds below have the lowest correlation with SEMRX — 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 SEMRX.
Best Diversifiers for SEMRX
26 mutual funds have low correlation with SEMRX (below 0.3), 2 of which are negatively correlated. The least correlated is CrossingBridge Ultra-Short Duration Fund (CBUDX) (Ultrashort Bond) with a 1Y correlation of -0.03, down from 0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| CrossingBridge Ultra-Short Duration Fund | -0.03 | 0.08 | — | 99 | Ultrashort Bond | SEMRX vs CBUDX | |
| Tactical Multi-Purpose Fund | -0.01 | -0.02 | 0.00 | 100 | Ultrashort Bond | SEMRX vs TMPFX | |
| SEI Institutional Investments Trust Opportunistic ... | 0.01 | 0.17 | 0.21 | 99 | Ultrashort Bond | SEMRX vs ENIAX | |
| Navigator Ultra Short Term Bond Fund | 0.07 | 0.05 | 0.10 | 100 | Ultrashort Bond | SEMRX vs NUSIX | |
| T. Rowe Price Ultra Short-Term Bond Fund Class I | 0.07 | 0.31 | 0.32 | 99 | Ultrashort Bond | SEMRX vs TRSTX |
See all 68 diversifiers for SEMRX
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