Looking to diversify beyond SGENX? The mutual funds below have the lowest correlation with SGENX — 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 SGENX.
Best Diversifiers for SGENX
0 mutual funds have low correlation with SGENX (below 0.3), 0 of which are negatively correlated. The least correlated is Catalyst/Millburn Hedge Strategy Fund Class I (MBXIX) (Hedge Fund) with a 1Y correlation of 0.43, roughly unchanged from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Catalyst/Millburn Hedge Strategy Fund Class I | 0.43 | 0.28 | 0.36 | 91 | Hedge Fund | SGENX vs MBXIX | |
| Fidelity Blue Chip Growth Fund | 0.52 | 0.58 | 0.66 | 75 | Large Cap Growth Equities | SGENX vs FBGRX | |
| Oberweis Global Opportunities Fund | 0.54 | 0.66 | 0.72 | 73 | Global Equities | SGENX vs OBEGX | |
| Aegis Value Fund | 0.61 | 0.65 | 0.70 | 94 | Small Cap Value Equities | SGENX vs AVALX | |
| Artisan Global Equity Fund | 0.62 | 0.70 | 0.78 | 62 | Global Equities | SGENX vs ARTHX |
See all 49 diversifiers for SGENX
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