Looking to diversify beyond SGARX? The mutual funds below have the lowest correlation with SGARX — 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 SGARX.
Best Diversifiers for SGARX
1 mutual funds have low correlation with SGARX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus Seix Floating Rate High Income Fund (SAMBX) (Bank Loan) with a 1Y correlation of 0.24, roughly unchanged from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Seix Floating Rate High Income Fund | 0.24 | 0.30 | 0.30 | 97 | Bank Loan | SGARX vs SAMBX | |
| The Merger Fund | 0.35 | 0.30 | 0.35 | 97 | Event Driven | SGARX vs MERFX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.38 | 0.52 | 0.62 | 81 | Global Equities | SGARX vs RTXAX | |
| Polaris Global Value Fund | 0.46 | 0.55 | 0.63 | 90 | Global Equities | SGARX vs PGVFX | |
| GMO Climate Change Fund | 0.47 | 0.52 | 0.61 | 93 | Global Equities | SGARX vs GCCHX |
See all 21 diversifiers for SGARX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SGARX
Add SGARX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SGARX