Looking to diversify beyond SGINX? The mutual funds below have the lowest correlation with SGINX — 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 SGINX.
Best Diversifiers for SGINX
9 mutual funds have low correlation with SGINX (below 0.3), 0 of which are negatively correlated. The least correlated is GMO U.S. Treasury Fund (GUSTX) (Government Bonds) with a 1Y correlation of 0.01, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.01 | 0.06 | 0.04 | 99 | Government Bonds | SGINX vs GUSTX | |
| DWS Emerging Markets Equity Fund | 0.16 | 0.14 | 0.11 | 84 | Emerging Markets Diversified | SGINX vs SEMGX | |
| DWS Science and Technology Fund | 0.17 | 0.14 | 0.15 | 58 | Technology Equities | SGINX vs KTCAX | |
| DWS S&P 500 Index Fund | 0.18 | 0.21 | 0.18 | 65 | S&P 500 | SGINX vs SCPIX | |
| Federated Hermes Adjustable Rate Fund | 0.21 | 0.46 | 0.46 | 99 | Government Bonds | SGINX vs FEUGX |
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