Looking to diversify beyond SEQAX? The mutual funds below have the lowest correlation with SEQAX — 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 SEQAX.
Best Diversifiers for SEQAX
0 mutual funds have low correlation with SEQAX (below 0.3), 0 of which are negatively correlated. The least correlated is Guggenheim Limited Duration Fund (GILHX) (Short-Term Bond) with a 1Y correlation of 0.32, up from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Guggenheim Limited Duration Fund | 0.32 | 0.23 | 0.20 | 88 | Short-Term Bond | SEQAX vs GILHX | |
| Guggenheim Managed Futures Strategy Fund | 0.50 | 0.42 | 0.30 | 53 | Systematic Trend | SEQAX vs RYMTX | |
| Guggenheim Macro Opportunities Fund | 0.51 | 0.47 | 0.44 | 77 | Nontraditional Bonds | SEQAX vs GIOIX | |
| Oberweis Global Opportunities Fund | 0.62 | 0.69 | 0.73 | 73 | Global Equities | SEQAX vs OBEGX | |
| Artisan Global Equity Fund | 0.63 | 0.72 | 0.78 | 62 | Global Equities | SEQAX vs ARTHX |
See all 26 diversifiers for SEQAX
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