Looking to diversify beyond SENJX? The mutual funds below have the lowest correlation with SENJX — 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 SENJX.
Best Diversifiers for SENJX
14 mutual funds have low correlation with SENJX (below 0.3), 0 of which are negatively correlated. The least correlated is SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX) (Ultrashort Bond) with a 1Y correlation of 0.07, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Investments Trust Opportunistic ... | 0.07 | 0.19 | 0.21 | 99 | Ultrashort Bond | SENJX vs ENIAX | |
| DFA Short Term Municipal Bond Portfolio | 0.14 | 0.25 | 0.37 | 99 | Municipal Bonds | SENJX vs DFSMX | |
| SEI S&P 500 Index Fund Class I | 0.19 | 0.16 | 0.11 | 61 | Large Cap Blend Equities | SENJX vs SPIIX | |
| SEI Institutional Investments Trust S&P 500 Index ... | 0.19 | 0.16 | 0.11 | 67 | S&P 500 | SENJX vs SPINX | |
| SEI Institutional International Trust Emerging Mar... | 0.20 | 0.15 | 0.13 | 87 | Emerging Markets Diversified | SENJX vs SIEMX |
See all 28 diversifiers for SENJX
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