Looking to diversify beyond SFLNX? The mutual funds below have historically moved differently from SFLNX, 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 SFLNX
8 mutual funds have low correlation with SFLNX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) (Inflation-Protected Bonds) with a 1Y correlation of 0.04, down from 0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 0.04 | 0.09 | 0.15 | 91 | Inflation-Protected Bonds | SFLNX vs VTAPX | |
| Fidelity Select Energy Portfolio | 0.16 | 0.39 | 0.50 | 87 | Energy Equities | SFLNX vs FSENX | |
| Schwab California Tax-Free Bond Fund™ | 0.19 | 0.13 | 0.09 | 56 | Municipal Bonds | SFLNX vs SWCAX | |
| GQG Partners US Quality Dividend Income Fund | 0.20 | 0.56 | 0.69 | 58 | Quality Factor, Large Cap Value Equities | SFLNX vs GQHPX | |
| Schwab Opportunistic Municipal Bond Fund | 0.21 | 0.15 | 0.09 | 70 | Municipal Bonds | SFLNX vs SWHYX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SFLNX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.05, down from 0.28 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.05 | 0.17 | 0.28 | 66 | Consumer Defensive | |
| Philip Morris International Inc. | 0.02 | 0.19 | 0.31 | 64 | Consumer Defensive | |
| Occidental Petroleum Corporation | 0.03 | 0.25 | 0.39 | 68 | Energy | |
| Duke Energy Corporation | 0.03 | 0.19 | 0.27 | 52 | Utilities | |
| Exxon Mobil Corporation | 0.06 | 0.27 | 0.40 | 85 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SFLNX
Add SFLNX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SFLNX