Looking to diversify beyond SGDLX? The mutual funds below have the lowest correlation with SGDLX — 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 SGDLX.
Best Diversifiers for SGDLX
0 mutual funds have low correlation with SGDLX (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab S&P 500 Index Fund (SWPPX) (Large Cap Blend Equities) with a 1Y correlation of 0.36, roughly unchanged from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab S&P 500 Index Fund | 0.36 | 0.29 | 0.29 | 66 | Large Cap Blend Equities, S&P 500 | SGDLX vs SWPPX | |
| Vanguard Global Capital Cycles Fund | 0.68 | 0.66 | 0.67 | 89 | Global Equities | SGDLX vs VGPMX |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SGDLX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SGDLX and solid risk/return profiles. The least correlated is Seagate Technology plc (STX) (Technology) with a 1Y correlation of 0.27, roughly unchanged from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Seagate Technology plc | 0.27 | 0.22 | 0.23 | 99 | Technology |
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