Looking to diversify beyond SETMX? The mutual funds below have the lowest correlation with SETMX — 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 SETMX.
Best Diversifiers for SETMX
16 mutual funds have low correlation with SETMX (below 0.3), 0 of which are negatively correlated. The least correlated is Columbia Global Technology Growth Fund Class A (CTCAX) (Technology Equities) with a 1Y correlation of 0.13, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Columbia Global Technology Growth Fund Class A | 0.13 | 0.07 | 0.09 | 76 | Technology Equities, Large Cap Growth Equities | SETMX vs CTCAX | |
| Columbia Global Technology Growth Fund | 0.13 | 0.07 | 0.09 | 77 | Technology Equities | SETMX vs CMTFX | |
| Columbia Seligman Technology and Information Fund | 0.15 | 0.10 | 0.10 | 96 | Technology Equities | SETMX vs SLMCX | |
| Columbia Seligman Global Technology Fund | 0.15 | 0.10 | 0.10 | 96 | Technology Equities | SETMX vs SHGTX | |
| DFA Short Term Municipal Bond Portfolio | 0.15 | 0.24 | 0.35 | 99 | Municipal Bonds | SETMX vs DFSMX |
See all 27 diversifiers for SETMX
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