Looking to diversify beyond SGHIX? The mutual funds below have the lowest correlation with SGHIX — 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 SGHIX.
Best Diversifiers for SGHIX
0 mutual funds have low correlation with SGHIX (below 0.3), 0 of which are negatively correlated. The least correlated is LoCorr Macro Strategies Fund Class I (LFMIX) (Global Allocation) with a 1Y correlation of 0.33, up from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund Class I | 0.33 | 0.03 | -0.07 | 85 | Global Allocation | SGHIX vs LFMIX | |
| Calamos Global Dynamic Income Fund | 0.36 | 0.47 | 0.53 | 71 | Global Allocation | SGHIX vs CHW | |
| Nuveen Real Asset Income Fund | 0.48 | 0.67 | 0.72 | 52 | Global Allocation | SGHIX vs NRIIX | |
| Calamos Global Opportunities Fund | 0.50 | 0.55 | 0.65 | 53 | Global Allocation | SGHIX vs CVLOX | |
| Vanguard 500 Index Fund Admiral Shares | 0.51 | 0.54 | 0.61 | 66 | S&P 500, Large Cap Blend Equities | SGHIX vs VFIAX |
See all 21 diversifiers for SGHIX
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