Looking to diversify beyond SFCIX? The mutual funds below have historically moved differently from SFCIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SFCIX
14 mutual funds have low correlation with SFCIX (below 0.3), 0 of which are negatively correlated. The least correlated is Allspring Diversified Capital Builder Fund (EKBAX) (Diversified Portfolio) with a 1Y correlation of 0.10, roughly unchanged from 0.09 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 0.10 | 0.09 | 0.09 | 87 | Diversified Portfolio | SFCIX vs EKBAX | |
| Allspring Small Company Value Fund | 0.18 | 0.13 | 0.09 | 73 | Small Cap Value Equities | SFCIX vs SCVAX | |
| abrdn Ultra Short Municipal Income Fund | 0.18 | 0.27 | 0.29 | 100 | Municipal Bonds | SFCIX vs ATOIX | |
| Allspring Disciplined U.S. Core Fund | 0.18 | 0.11 | 0.10 | 65 | Large Cap Blend Equities | SFCIX vs EVSAX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 0.22 | 0.27 | 0.25 | 99 | Municipal Bonds | SFCIX vs TFCYX |
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