Looking to diversify beyond SFHYX? The mutual funds below have the lowest correlation with SFHYX — 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 SFHYX.
Best Diversifiers for SFHYX
1 mutual funds have low correlation with SFHYX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Tactical Opportunities Fund Institutional Class (PBAIX) (Tactical Allocation) with a 1Y correlation of 0.00, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Tactical Opportunities Fund Institutiona... | 0.00 | 0.17 | 0.13 | 75 | Tactical Allocation | SFHYX vs PBAIX | |
| Donoghue Forlines Dividend Fund | 0.43 | 0.54 | 0.57 | 71 | Tactical Allocation | SFHYX vs PWDIX | |
| Quantified Evolution Plus Fund | 0.44 | 0.51 | 0.39 | 80 | Tactical Allocation | SFHYX vs QEVOX | |
| Hussman Strategic Total Return Fund | 0.45 | 0.46 | 0.42 | 89 | Tactical Allocation | SFHYX vs HSTRX | |
| Alpha Fiduciary Quantitative Strategy Fund | 0.52 | 0.28 | 0.32 | 63 | Tactical Allocation | SFHYX vs AFQSX |
See all 55 diversifiers for SFHYX
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