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Looking to diversify beyond SGMAX? The mutual funds below have the lowest correlation with SGMAX — 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 SGMAX.

Best Diversifiers for SGMAX

2 mutual funds have low correlation with SGMAX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.30, up from 0.10 over 5 years.


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Diversification Analysis

Build a portfolio that complements SGMAX

Add SGMAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

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