Looking to diversify beyond SGOIX? The mutual funds below have historically moved differently from SGOIX, 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 SGOIX
0 mutual funds have low correlation with SGOIX (below 0.3), 0 of which are negatively correlated. The least correlated is First Eagle High Income Fund (FEHIX) (High Yield Bonds) with a 1Y correlation of 0.35, roughly unchanged from 0.37 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Eagle High Income Fund | 0.35 | 0.25 | 0.37 | 57 | High Yield Bonds | SGOIX vs FEHIX | |
| First Eagle High Yield Municipal Fund Class A | 0.35 | 0.25 | 0.36 | 52 | High Yield Muni | SGOIX vs FEHAX | |
| First Eagle Short Duration High Yield Municipal Fu... | 0.36 | — | — | 63 | High Yield Muni | SGOIX vs FDUAX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.39 | 0.29 | 0.27 | 96 | Large Cap Blend Equities | SGOIX vs SVPFX | |
| Barrett Opportunity Fund | 0.46 | 0.54 | 0.62 | 85 | Large Cap Blend Equities | SGOIX vs SAOPX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SGOIX
Add SGOIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SGOIX