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 0.35 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 | 0.35 | 92 | Hedge Fund | SGENX vs MBXIX | |
| Cohen & Steers Global Infrastructure Fund Class A | 0.50 | 0.59 | 0.67 | 52 | Global Equities | SGENX vs CSUAX | |
| T. Rowe Price Global Technology Fund I Class | 0.52 | 0.56 | 0.59 | 88 | Technology Equities, Global Equities | SGENX vs PGTIX | |
| Fidelity Blue Chip Growth Fund | 0.54 | 0.58 | 0.67 | 68 | Large Cap Growth Equities | SGENX vs FBGRX | |
| Oberweis Global Opportunities Fund | 0.56 | 0.66 | 0.72 | 79 | Global Equities | SGENX vs OBEGX |
See all 46 diversifiers for SGENX
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