Looking to diversify beyond SFITX? The mutual funds below have the lowest correlation with SFITX — 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 SFITX.
Best Diversifiers for SFITX
3 mutual funds have low correlation with SFITX (below 0.3), 0 of which are negatively correlated. The least correlated is State Farm Growth Fund (STFGX) (Large Cap Blend Equities) with a 1Y correlation of 0.17, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Farm Growth Fund | 0.17 | 0.09 | 0.08 | 88 | Large Cap Blend Equities | SFITX vs STFGX | |
| State Farm Balanced Fund | 0.23 | 0.17 | 0.16 | 87 | Diversified Portfolio | SFITX vs STFBX | |
| DFA Short-Term Government Portfolio | 0.29 | 0.09 | 0.38 | 59 | Government Bonds | SFITX vs DFFGX | |
| Federated Hermes Adjustable Rate Fund | 0.33 | 0.53 | 0.52 | 99 | Government Bonds | SFITX vs FEUGX | |
| Vanguard Emerging Markets Government Bond Index Fu... | 0.38 | 0.52 | 0.51 | 76 | Government Bonds | SFITX vs VGIVX |
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