Looking to diversify beyond SFLNX? The mutual funds below have the lowest correlation with SFLNX — 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 SFLNX.
Best Diversifiers for SFLNX
6 mutual funds have low correlation with SFLNX (below 0.3), 1 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 -0.01, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | -0.01 | 0.10 | 0.15 | 94 | Inflation-Protected Bonds | SFLNX vs VTAPX | |
| Schwab Tax-Free Bond Fund™ | 0.13 | 0.16 | 0.10 | 65 | Municipal Bonds | SFLNX vs SWNTX | |
| Schwab Opportunistic Municipal Bond Fund | 0.14 | 0.13 | 0.08 | 64 | Municipal Bonds | SFLNX vs SWHYX | |
| Schwab California Tax-Free Bond Fund™ | 0.14 | 0.13 | 0.08 | 63 | Municipal Bonds | SFLNX vs SWCAX | |
| Fidelity Select Energy Portfolio | 0.21 | 0.43 | 0.53 | 78 | Energy Equities | SFLNX vs FSENX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SFLNX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SFLNX and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.03, down from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.03 | 0.19 | 0.31 | 67 | Consumer Defensive | |
| Duke Energy Corporation | 0.06 | 0.20 | 0.27 | 52 | Utilities | |
| BP p.l.c. | 0.07 | 0.25 | 0.41 | 87 | Energy | |
| Petróleo Brasileiro S.A. - Petrobras | 0.09 | 0.24 | 0.28 | 88 | Energy | |
| Northrop Grumman Corporation | 0.11 | 0.15 | 0.25 | 52 | Industrials |
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