Looking to diversify beyond SGISX? The mutual funds below have historically moved differently from SGISX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SGISX
1 mutual funds have low correlation with SGISX (below 0.3), 0 of which are negatively correlated. The least correlated is GQG Partners Global Quality Dividend Income Fund (GQFPX) (Quality Factor) with a 1Y correlation of 0.28, down from 0.67 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GQG Partners Global Quality Dividend Income Fund | 0.28 | 0.55 | 0.67 | 70 | Quality Factor, Global Equities | SGISX vs GQFPX | |
| Federated Hermes Strategic Value Dividend Fund Cla... | 0.31 | 0.51 | 0.65 | 93 | Dividend | SGISX vs SVAAX | |
| Cohen & Steers Global Infrastructure Fund Class A | 0.34 | 0.52 | 0.64 | 79 | Infrastructure Equities, Global Equities | SGISX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.40 | 0.55 | 0.68 | 66 | Infrastructure Equities, Global Equities | SGISX vs FGIAX | |
| Allspring Emerging Markets Equity Income Fund | 0.45 | 0.50 | 0.58 | 63 | Dividend, Emerging Markets Equities | SGISX vs EQIIX |
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