Looking to diversify beyond SGISX? The mutual funds below have the lowest correlation with SGISX — 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 SGISX.
Best Diversifiers for SGISX
0 mutual funds have low correlation with SGISX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.44, down from 0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.44 | 0.55 | 0.66 | 51 | Global Equities | SGISX vs CSUAX | |
| New Alternatives Fund | 0.60 | 0.65 | 0.67 | 59 | Global Equities | SGISX vs NALFX | |
| T. Rowe Price Global Technology Fund I Class | 0.60 | 0.61 | 0.63 | 87 | Technology Equities, Global Equities | SGISX vs PGTIX | |
| Polaris Global Value Fund | 0.60 | 0.75 | 0.80 | 92 | Global Equities | SGISX vs PGVFX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.64 | 0.75 | 0.80 | 76 | Global Equities | SGISX vs RTXAX |
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