Looking to diversify beyond SEVAX? The mutual funds below have the lowest correlation with SEVAX — 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 SEVAX.
Best Diversifiers for SEVAX
1 mutual funds have low correlation with SEVAX (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 0.30, up from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Guggenheim Limited Duration Fund | 0.30 | 0.21 | 0.15 | 88 | Short-Term Bond | SEVAX vs GILHX | |
| Guggenheim Managed Futures Strategy Fund | 0.36 | 0.34 | 0.26 | 53 | Systematic Trend | SEVAX vs RYMTX | |
| Guggenheim Macro Opportunities Fund | 0.38 | 0.40 | 0.38 | 75 | Nontraditional Bonds | SEVAX vs GIOIX | |
| Rydex NASDAQ-100 Fund Investor Class | 0.49 | 0.53 | 0.60 | 65 | Large Cap Growth Equities | SEVAX vs RYOCX | |
| Guggenheim StylePlus - Large Core Fund | 0.64 | 0.71 | 0.78 | 68 | Large Cap Blend Equities | SEVAX vs SECEX |
See all 22 diversifiers for SEVAX
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